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    Argentina Authorizes Gas Exports To Uruguay

Summary

Uruguay's power utility company is customer of both deals.

by: Pietro Pitts

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Argentina Authorizes Gas Exports To Uruguay

The Argentine government announced on January 28 that two companies, Pan American Energy (PAE) and Pampa Energia Sociedad Anonima, had been authorised to export a total of 728.7mn m3 of gas to neighouring Uruguay.

PAE has been authorised to export 600.6mn m3 of gas to Uruguayan company National Administration of Power Plants and Transmission, or UTE by its Spanish acronym. Argentine gas for export in this case will be sourced from Anticlinal Grande - Cerro Dragon, Chulengo and Cerro Tortuga - Las Flores. The contract is for a term of one year or until the maximum amount of stipulated gas has been exported.

The second deal authorises Pampa Energia Sociedad Anonima to export 128.1mn m3 of gas to Uruguay’s UTE. Argentine gas for export in this case will be sourced from Rio Neuquen and Rincon del Mangrullo, both located in the Neuquina Basin. The contract, which is for interruptible gas, runs through May 1.

Argentine gas supplies used under both authorisations may be interrupted only for the purpose of guaranteeing the security of supply for use in the domestic market.