For a decade, successive Argentine governments in Buenos Aires have enacted a range of policies aimed at reducing energy imports and exploiting the Latin American country’s vast hydrocarbon potential. While crude oil and natural gas production have steadily expanded since 2011 when former president and now vice-president Cristina Fernandez de Kirchner nationalized energy company YPF, it is struggling to reach the targets desired by Buenos Aires.
The vast Vaca Muerta shale oil and natural gas basin is situated in the Neuquen Basin in…Can Argentina Finally Realize Its Oil Potential?
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