Argentina; A country profile
This paper reports that like so many other countries, Argentina is in the throes of privatization and restructuring of its economic programs. This has had a direct effect on the LPG industry. Argentina is a country with many natural resources. However, natural gas and crude, while present, are not in abundance. Imports of these and their associated products are needed to satisfy the growing need of the population from time to time. This is especially true with LPGs. Production of the fuel averages about 1 million tons, not enough to satisfy internal needs in the winter but enough to permit some exports in the summer to nearby Brazil. The Country's Congress approved a plan to sell-off or lease parts of the natural gas distribution network and other businesses of Gas del Estado. Subsequent new legislation has called for ten new natural gas distribution zones. Included in the sell-off is the company's propane distribution division. What is left of Gas del Estado and YPF will become a corporation in the true sense of the word. Stocks in YPF are to be sold to the public.
- OSTI ID:
- 7026062
- Journal Information:
- Butane-Propane News; (United States), Vol. 24:10; ISSN 0521-9140
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
29 ENERGY PLANNING
POLICY AND ECONOMY
ARGENTINA
LPG INDUSTRY
RESOURCES
ECONOMIC POLICY
INTERNATIONAL RELATIONS
NATURAL GAS
PETROLEUM
PETROLEUM PRODUCTS
PLANNING
PRICES
DEVELOPING COUNTRIES
ENERGY SOURCES
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
GOVERNMENT POLICIES
INDUSTRY
LATIN AMERICA
PETROLEUM INDUSTRY
SOUTH AMERICA
030600* - Natural Gas- Economic
Industrial
& Business Aspects
030400 - Natural Gas- Products & By-Products
294003 - Energy Planning & Policy- Natural Gas
294002 - Energy Planning & Policy- Petroleum