Wednesday, September 17, 2014

Argentina Eyes Legal Change to Attract More Oil, Gas Investment

Argentina’s central government and the governors of the 10 oil provinces have agreed on a plan to attract greater investment in the hydrocarbons sector by overhauling a decades-old law, President Cristina Fernandez’s office said Wednesday. The draft bill is aimed at “achieving energy self-sufficiency, substituting imports, generating significant hard-currency savings and attracting greater investment to boost production,” a statement read.

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