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#Post#: 279--------------------------------------------------
Hydroelectric Developments in Santa Cruz
By: chandoona ct Date: August 30, 2023, 1:45 am
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Ar there will be a remnant of about 10/15 mmm/d to inject into
the Brazilian market via Bolivian gas pipelines, at least
outside the winter season; and the same amount could be exported
through existing pipelines to Brazil and Uruguay. Finally, the
great challenge in the medium/long term: for Argentina to become
a relevant player in the global supply of LNGFour. Five. For
this, according to Javier Rielo, CEO of TotalEnergies for the
region, a production of 10 million tons per year (about 40 mm m
of natural gas) is required in an "integrated project: an LNG
plant , a dedicated gas pipeline that transports gas and 200
wells in production to guarantee the necessary volume, with
treatment facilities . When all that is accounted for, we are
talking about more than 10,000 million dollars of investment
»46.
The requirements are very high. But, as Merke warns, a temporary
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still lies:In the future,
countries that import fossils will decarbonize and import less
and less. In the future, fossil-producing countries will compete
to gain a market that will be smaller and smaller and where the
most efficient countries in production (with lower costs) will
be the best positioned: Saudi Arabia, the Emirates, Qatar, etc.
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So Argentina has a window that would not be that long and
therefore should be able to think about what (when and how) the
peak of its offer will be (to what extent it could increase the
capacity of Vaca Muerta and the pipelines) in relation to which
will be the peak demand for fossil fuels. Hence, many
hydrocarbon companies are thinking of making their own
transition to lithium extraction, for example, which is where
they could use their drilling skills the most.
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