Report summaryDespite being located between hydrocarbon-rich countries Brazil and Argentina, Uruguay does not produce any oil or gas. A number of exploration efforts, mainly onshore, have taken place over the decades, but no discoveries have been made. Uruguay is heavily dependent on hydrocarbon imports to meet its domestic energy requirements, a situation that the government is keen to change. Oil accounts for over half of the country's energy matrix, and gas imports, which come from Argentina, have ...
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