Under President Mauricio Marci, Argentina’s government has sought to open its economy to trade and investment and boost oil and gas production by liberalizing energy prices and increasing foreign investment, with a goal of attracting $30 billion in investment over the next five years. Argentina, which holds the largest estimated shale gas reserves and second largest tight oil reserves in the Western Hemisphere, is the only Latin American country currently producing commercial quantities of oil from shale deposits. The Vaca Muerta shale play, with proven reserves of 927 million barrels, in western Neuquén province has attracted interest from domestic companies, such as national oil giant YPF, as well as international oil companies. Yet the country faces further challenges to develop its shale resources, such as negotiations with labor unions, environmental regulation, and relations with local communities.
The Inter-American Dialogue is pleased to host a panel discussion to analyze Argentina’s oil production. A keynote presentation by governor Gutierrez will be followed by remarks from Paola Carvajal and an open discussion with participants.
This event will be in Spanish. Simultaneous translation in English will be provided.
Fernando Oris de Roa
Argentine Ambassador to the US
Governor of Neuquén Province, Argentina (@OmarGutierrezOk)
Principal, Arthur D. Little
Director, Peter D. Bell Rule of Law Program (@camillerimj)