Argentina’s PlanGas: successful results to accelerate production growth Report

Insight 23 January 2023

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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?

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