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CERAWeek: Argentina Vaca Muerta has potential to quintuple oil output: Techint CEO

March 21, 2024 Comments Off

Argentina has the potential to quintuple its current oil output and raise its natural gas reserves and output in its Vaca Muerta shale play once the government’s revises its proposed regulatory scheme to streamline investment rules, the CEO of Argentinian energy engineering and construction provider Techint Group said March 20. Vaca Muerta, located in the Patagonia region, only produces about…