Argentina’s Gas Scheme 2020-2024 pivots the recovery of the country’s gas production, which fell 8.6% in 2020 due to the price controls imposed by the current administration. As the Gas Scheme was launched at the end of 2020, Argentina is deploying a second FSRU to secure supply for the approaching winter. The market is short of supply, resulting in a two-fold increase in market prices. Gas exports to Chile have been scarce. To make matters worse, strikes in Neuquen are affecting E&P operations, and hydrology prospects in Comahue are dry. Apart from that, the formula of the Gas Scheme looks promising for incentivising production growth if the government secures payments to producers. Moreover, with the increase in output and a reduction of Bolivian flows, our modelling suggests that the government will soon have to expand the gas transmission pipelines.