2023-10-11 16:23:49
The activity in Vaca Muerta is planned for the long term, but that does not mean that the spike in the informal price of the dollar that is being recorded these days is still a warning sign that keeps companies worried but not so much because the boards have gone over 1,000 pesos per dollar, but because of the increasingly large gap that is registered with the official price of the greenback.
In the hydrocarbon industry, companies use the price of the official dollar, which even at this time remains at 366 pesos. This valuation had no differences in recent weeks but the problem and underlying concern of companies is that when they have to hire services or buy inputs, the price at which they are set is not that of the official dollar, but that of the blue , which today registers a 175% gap.
«When we export we charge dollars, but when we bring them to the country The Central Bank gives us 366 pesos per dollar. I turn around and I have to hire something, a service or an input, and that supplier charges me blue, 1,000. So something that costs 1 million pesos, It doesn’t end up costing me $1,000 but $2,700.”they explained from one of the important companies in Vaca Muerta.
This gap is not only recorded in the case of companies that export, but also in the case of producers of Petroleum and the integrated ones, the companies that also sell fuels. Both products They have been frozen since last August 17, making the price paid for the barrel and gasoline more than behind..
«Historically, a liter of super gasoline cost the equivalent of 1 dollar. Today the dollar is 1,000 but a liter of gasoline is 240 pesos«, they stated from the industry. And following highlighting that “it is impossible to repair this gap quickly because prices would have to triple«, they warned that «the problem is that Your cash is falling, you have less and less profits and due to inflation the costs are going up.
Although several companies consulted by this means recognized that “This is not why we are going to close everything, because this is a long-term industry that is used to certain ups and downs. They did recognize that the dollar surge recorded yesterday, which for the first time took the price above the 1,000 peso barrier, “turned on all the alerts.”
From a firm that asked not to be mentioned, it was indicated that “If this gap with the official dollar continues we are going to have problems, at some point there are going to start to be problems paying for inputs, spare parts or some contract.
In the same sense, other firms recognized that “we do not see today that it is necessary to lower equipment or activity, but this does It will surely affect plans for next year.«, a year in which Vaca Muerta was expected to have strong growth.
“Election years are always a pause in what has to do with the launch of new projects, and now this pause is added to this whole problem with the macroeconomy,” they stated from another operator that was precisely preparing a great development for the short term. .
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