Insight
Argentina’s PlanGas: successful results to accelerate production growth
Report summary
By the end of 2022, the Argentinian government released the results of the PlanGas.Ar’s fourth and fifth rounds. With the tender marked by a large competition, all incremental volumes offered were contracted and nearly all previous agreements were extended. As a result, the government could secure enough volumes for the new Tratayen-Salliqueló pipeline through 2028. The country will largely benefit from these results in the next few years. But is it enough for a sustainable long-term market expansion?
Table of contents
- Tender results highlights
- Intense competition drives reduced prices in the fourth round
- Fifth-round results postpone the production decline in Southern basins
- The round for incremental volumes to accelerate shale gas projects in Neuquén
- What are the challenges for ramping up production?
- How will this tender impact gas supply and, especially, fuel imports?
- Tender sends an excellent message to the market, but it requires improvements to unlock full unconventional potential
Tables and charts
This report includes 7 images and tables including:
- Neuquen bids by company
- Neuquen bids by round
- Contracted volumes through PlanGas.Ar rounds in Southern basins and round 5.2 awarded price curve
- Comparison of unconventional gas production forecast
- Change in estimated capital expenditures for the next three years
- Winning bids’ price range and weighted average price for firm volume blocks
- Winning bids’ price range and weighted average price for winter volume blocks
What's included
This report contains:
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