2023-11-08 01:24:00
Behind the lack of fuel which produced long lines at service stations throughout the country, oil companies demanded “macroeconomic order” and the modification of “some laws” in order to support the sustained growth of the industry.
This was stated by the CEO of Pan American Energy (PAE), Alejandro Bulgheroni, during the conclave of the Petroleum Club in which the governor of the province of Buenos Aires also participated Axel Kicillof along with other oil references.
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The claim of the oil companies
At the end of the meeting, Bulgheroni remarked that for businessmen in the sector, the Buenos Aires district “is very important because of the refineries, production and consumption; it is part of the entire business,” according to the agency. Argentine News.
In this sense, the businessman considered it necessary “modify some laws to make the oil industry more competitive, not only locally but internationally.
Following this line of argument, the manager highlighted that the province “has the largest number of deputies and the functioning and opinions of the governor are very important to us.”
Regarding the changes that would have to be introduced to promote the development of the oil tanker, the host of the Petroleum Club pointed out that “They are mainly macroeconomic”.
“May the macroeconomic situations allow us to develop the industry and make the investments that we have to make at this time. Here we all talk regarding Dead cow and so? It’s going to take many billions of dollars.”, he noted.
What Axel Kicillof said following the meeting with oil companies
For his part, the provincial leader highlighted that “the political decision to recover YPF it was one inexorable and strategic question for the growth of the oil sector and for the development of our country.
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Simultaneously, Kicillof launched criticism once morest Repsol by stating that private management “was focused on its businesses outside Argentina and never prioritized local exploration and investment, impacting the loss of our energy sovereignty.”
“From the recovery of the company, its good management and the support of the private sector, Today no one is unaware of the potential of Vaca Muerta and offshore exploration“he added.
On the other hand, the Buenos Aires governor assured that in the district he heads, “public policies were implemented so that the key sector continues to develop and grow.” “We aim for a public and private coordination so that wealth does not end up in the hands of a transnational company, but in greater well-being for our people,” he closed while thanking Alejandro Bulgheroni for the invitation to the Petroleum Club.
MFN / ED
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