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Subject
The outlook for Vaca Muerta.
Significance
Advisers to President-elect Alberto Fernandez are working on a set of measures whose aim would be to lure up to 28 billion dollars in investment into unconventional oil and gas projects through 2023.
Impacts
The likelihood of further exchange and fuel price controls and political instability will deter hydrocarbons investment.
Distance from export markets and obstacles to necessary infrastructure investments will undermine hopes of a broader economic boost.
Relatively capacious global hydrocarbons supplies may mute investor interest in costly projects facing political and regulatory instability.
Keywords:
Fossil fuels,
economy,
industry,
politics,
foreign investment,
foreign trade,
gas,
natural resources,
oil,
prices,
regulation,
Argentina,
LA/C
© Oxford Analytica 2020. All rights reserved. This content contains general information about geopolitical, macroeconomic and social developments or (where stated) other matters. It does not contain advice or recommendations that may be relied on. Where links to external websites are provided, this does not indicate that Oxford Analytica or Emerald agree with, endorse or have checked for accuracy the contents of said sites.
2019
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