2023-07-09 19:23:00
President Alberto Fernández, Vice President Cristina Kirchner and the Minister of Economy, Sergio Massa, participated this followingnoon in the opening of the first valve of the Néstor Kirchner gas pipeline, within the framework of the inauguration of the first section of the work. In the Buenos Aires town of Salliqueló, the head of state and the head of the Senate turned the valve together to officially open the passage of gas. It was the first photograph of the members of the Executive Branch together with the presidential candidate of Unión por la Patria.
Massa praised “Cristina’s leadership in recovering YPF”
“Today is one of those days in which, in the face of all those who argue that Argentina is a country of frustration, of failure, a country without destiny, without a future, in which everything is wrong… Today is one of those days in which the pride of being Argentine and of knowing that even if they put obstacles and want to force us to be a dependent country, clearly appears in the soul and heart of every Argentine, we have with what to build sovereignty, homeland and the future of the nation”.
“Today when you open the valve you can think regarding the future of Vaca Muerta and the development of the Argentine hydrocarbon complex. But to get here today, go my first thanks to those who in 2012 had the courage through Cristina’s leadership to recover YPF”.
“My thanks also go to those who at some point led the YPF and Chevron project once morest a hail of criticism, because it allowed Vaca Muerta to germinate and value that second shale gas reserve in the world, which everyone says somehow represents part of the economic future and development of Argentina, but what is really needed to mature it and carry it forward is decision, rules and the courage to believe that our country has a future of development”.
Massa thanked Alberto Fernández “for the decision to go ahead with this gas pipeline when the IMF asked us to stop it in December”
“Vaya my thanks to the president for the decision to go ahead with this pipeline when the IMF asked us in December to stop it because it has to do with works that those of us who today administer Argentina are not going to enjoy the next six months. It has to do with a long-term view that several generations of Argentina will enjoy.”
“I want to thank the Argentine companies that carried out this project, fulfilling in a timely manner what everyone told us was impossible. I heard talk regarding 20 months, 24 months. Thanks to BTU, Techint, SACDE and the thousands of workers that in very harsh conditions, at night, once morest the cold, once morest the wind, they showed Argentina that we are capable”.
“A huge thank you to the four governors because you had to call them sometimes at dawn to cross the pipe by a river, get permits to carry instead of 5, 7 or 8 pipes in some section of the provincial route and they were there understanding that this It was a priority.”
Massa thanked “the Argentines who paid the solidarity contribution”: “The Argentines will enjoy the next 30 years”
“Thanks to the legislators who voted for the solidarity contribution and to the authors of the project, Máximo Kirchner and Carlos Hellerbecause what those who contributed with this contribution paid are those 573 kilometers of pipe, those keys that we saw and, above all things, that enormous growth that it represents for Argentina and for its employment”.
“Thank you also to those who paid, to the Argentines who paid the solidarity contribution. We are also going to send them a letter with the result of the work and thanking them because in some way the effort they made helps the growth and development of Argentina. To those who did not pay, and we are going to charge them the same, they missed the opportunity to be protagonists of a milestone in the next 30 years, Argentines are going to enjoy it”.
“I want to give a very special thank you to two teams. The team from the Secretariat of Energy, which from the first day we arrived at the Ministry took seriously what this project meant for Argentina and for its future. Thank you Flavia, all the Undersecretaries, directors, and a huge thank you for the work, for the vehemence and determination to carry out this project, for the decision and courage to go ahead despite the fact that they told Agustín Jerez and the entire team that it was impossible. of ENARSA. There are companies in Argentina that belong to the State and that can break world records for the construction of gas pipelines”.
“This work is a beginning of change in the economic and energy matrix of Argentina because 65% of our energy is thermal and gas is our transition energy.”
“When we talk regarding savings, we are no longer going to import gas by ship, because we are going to use gas from our subsoil. We are no longer going to import gas from Bolivia. The north of Argentina is going to be reached by gas from Vaca Muerta because In 15 days we put out to tender the northern reversal gas pipeline to start thinking not only regarding northern Argentina receiving gas from Vaca Muerta, but also from the north of Argentina we can export to Chile and from Bolivia we can export to the south and center of Brazil. Argentina is going to go from being a country with a deficit of dollars due to having to import energy to being a country with a surplus of dollars in its trade balance because we are doing the works that definitely change that equation.”
What is known regarding the President Néstor Kirchner pipeline
Projected for more than a decade and delayed due to political differences and financial obstacles, the new main gas pipeline comes to partially solve the bottleneck that drags the transport capacity of the gas system to be able to take the growing unconventional production of the Vaca Muerta field to the centers of greatest consumption of the AMBA and the provinces of Buenos Aires and Santa Fe. The strategic project will save some US$2 billion in gas imports this year and another US$3.8 billion next year, according to official calculations.
The inauguration of the first stage of the GPNK puts the current authorities and those who will take office in December before the double challenge of continuing the complementary works and launching the new projects for the expansion of the gas pipeline network that will make it possible to fully exploit the potential of Dead cow. The work –which is partially inaugurated– It had a total cost estimated at US$ 1,850 million and was financed by the National State.
What is known regarding the Néstor Kirchner pipeline
♦ The construction of Section I of the GPNK crosses 4 provinces: it begins in the town of Tratayén, in Neuquén, crosses the provinces of Río Negro and La Pampa and ends in the town of Salliqueló in the province of Buenos Aires. The extension is 573 km.
♦ The first section connects the GPNK with the Neuba I and II gas pipelines, strengthening and expanding the gas transportation and distribution capacity throughout the national territory.
♦ US$ 4.2 billion is the total annual savings in millions of dollars that the pipeline will allow during its first year of operation due to import substitution.
♦ 48,800 are the direct and indirect jobs that are created from the construction of the gas pipeline.
♦ It was carried out in record time: 178 days from the 1st weld, on 11/16/2022 in Salliqueló, Buenos Aires until the last one on May 12 of this year.
♦ It will increase the availability of gas at competitive prices for industry, businesses and homes.
Benefits
♦ Increase in royalties: it will generate additional royalties for the producing provinces, at least US$49 million per year with Stage I and US$90 million per year with Stages I + II (Total Project).
♦ Fiscal cost savings: the fiscal cost will decrease with Phase I by US$60 million per year, and with Phases I + II (Total Project) by US$1,946 million per year.
♦ Promotion of national production: it will replace with gas and ARGENTINE work and imported liquid fuels, at least 2400 MM m3 per year with Stage I, and with Stages I + II (Total Project) 4400 MM m3 per year equivalent.
♦ Increase in transportation capacity: the transportation capacity will be increased progressively up to 24 MM m3/d with Stage I and up to 44 MM m3/d with Stages I + II (Total Project).
♦ It makes it possible to increase the production of Vaca Muerta (the second unconventional gas reserve in the world) and to transport it to consumption centers.
Investment. It is estimated that, in the remainder of the year, thanks to the Gas Pipeline, US$ 2.1 billion will be saved, thus covering almost the entire investment made by the State for the execution of the work. The sources of financing for the Works called Transport.Ar, among which is the Gas Pipeline, add up to a total of US$ 2,500 million so far.
Construction. It was built within the framework of a public-private partnership led by the state-owned company Energía Argentina, formerly known as Integración Energética Argentina (IEASA). Tenaris Siat SA, controlled by the Italian-Argentine group Techint. This was the only company to bid for the provision of the gas transportation tubes and won a bid of more than US$500 million in May 2022.
LG/DSD
1688931247
#Cristina #Kirchner #Alberto #Fernández #Sergio #Massa #inaugurated #Néstor #Kirchner #Gas #Pipeline
