Challenge for a gasoline pipeline in Chaco will increase hydrocarbon exploration

Photograph MIC.

Asunción, IP Company.- The Minister of Trade and Commerce (MIC), Javier Giménez, identified that the challenge for a gasoline pipeline that passes by means of the Western Area will carry with it investments for the exploitation of hydrocarbons within the Chaco.

The Authorities’s goal is to make sure that the gasoline pipeline to move gasoline from northern Argentina to Brazil crosses the Paraguayan Chaco area.

Throughout the Paraguay 2024 Bioceanic Hall Discussion board, held in the course of the week within the metropolis of Philadelphia, the MIC minister highlighted that the challenge might be a device to draw investments and permit the nation to diversify its power matrix.

Regardless of the necessity for extra applicable laws to encourage these investments, curiosity in hydrocarbon exploration is excessive, Giménez indicated.

The gasoline pipeline challenge would cowl 550 kilometers in Paraguayan territory, 100 kilometers in Argentina and one other 500 kilometers in Brazil, which is able to save 30% in logistics prices. The minister indicated that with the development of the Bioceanic Route, the set up of the gasoline pipeline already has the mandatory environmental research and its implementation won’t take a lot time.