Inspenet, June 11, 2023
The Minister of Economy, Sergio Massa, and the Secretary of Energy, Flavia Royón, received the highest Chevron authorities in Argentina.
The meeting, held at the Palacio de Hacienda, had as its main axis the company’s commitment to carry out an investment of more than 500 million dollars for the development of the El Trapial area, province of Neuquén.
Economic and energy boost: Chevron agrees to enter $500 million into Argentina before July
Within this framework, Chevron, operator and owner for more than a year of said area belonging to the Neuquén Basin, received a commitment from the national government, through the Ministry of Economy, to include the Trapial in decree 929/2013, which It provides the right to freely market 20% of the production of liquid and gaseous hydrocarbons produced in the projects reached in the foreign market, with a 0% rate of export duties, if applicable.
As detailed by the Chevron authorities, the investment will be entered into Argentina before the month of July of this year.
Source and photos : Argentina.Gob
Don’t miss the Inspenet News at: https://inspenet.com/en/inspenet-tv/
Loading...
