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Argentine only has natural gas reserves for the next seven years

Wednesday, July 21st 2010 - 06:59 UTC
Full article 33 comments

Argentina’ natural gas reserves dropped to half their 2000 level when they totalled 378.862 million cubic metres, which means at the current consumption rate in seven and a half years the country will ran out of the vital fuel, according to a report released this week in Buenos Aires. Read full article

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  • Hoytred

    Hey, not to worry the Falkland Islanders may have plenty ..... you can always trade ....oh , no, sorry, I forgot there for a moment ... you don't want to trade. Hey, who needs gas anyway :-)

    Jul 21st, 2010 - 07:14 am - Link - Report abuse 0
  • harrier61

    Back to coal (have they got any?) and wood (they must have some!) then!
    There's always methane. Can be obtained from decomposition of organic matter. Argentine diet. Collect all the fa*ts.

    Jul 21st, 2010 - 08:39 am - Link - Report abuse 0
  • Frank

    So... in a few years... no fuel.. limited mineral resources, no internationaly competitive manufacturing industries, no beef industry, no soy oil exports, golly ..I wonder what think thinks of all that?

    Jul 21st, 2010 - 10:43 am - Link - Report abuse 0
  • Liberty

    I commented yesterday:

    ”Argentina’s energy supplies are running low, only have natural gas for another 7 years. No wonder they're desperate to grab Falkland's natural reserves. This link is in Spanish (I couldn't find it in English) and explains the energy crisis that this 3er world country faces in the short term”.

    Jul 21st, 2010 - 01:14 pm - Link - Report abuse 0
  • fredbdc

    Argentina has plenty of gas and oil, the problem is the government has made it uneconomical to explore and bring the potential fields online. They price capped gas and oil 10 years ago and it has never recovered. So there is little to no exploration in the country. It takes 10 years to find and bring on new fields so the “people” are screwed as usual.
    PLUS the Ks import oil from Hugo, make 15% commission on the imports and withhold supplies to raise the price so they are making a fortune on the “energy crisis”. There is no reason for them to fix it.

    Jul 21st, 2010 - 01:26 pm - Link - Report abuse 0
  • Liberty

    5 fredbdc:

    Corruption is # 10 in the argentinean chart

    Jul 21st, 2010 - 01:52 pm - Link - Report abuse 0
  • jerry

    I “think” it is # 11!

    Jul 21st, 2010 - 03:51 pm - Link - Report abuse 0
  • Rhaurie-Craughwell

    Ah so now the truth is revealed, does anybody notice slight coincidence here? After years of not very much happening oil and gas is found and Argentina kicks up a fuss in the same year they have less than 7 years less? I will use Think's analogy here and say that Argentina wants most of the South Atlantic to get at all those rich lovely oil resources, not because of some collectively insane national exercise of ego.

    The next 7 years shall be interesting! They could always ask the FIG very nicely and maybe an overdue apology to the islanders for being the murderous psychopathic neighbor next door for the last 50 years since Argentina under Peron's guidance has strived to become a mini Imperial power.

    Jul 21st, 2010 - 05:44 pm - Link - Report abuse 0
  • NicoDin

    Don't be so happy fellows
    http://en.mercopress.com/2009/12/01/repsol-ypf-makes-major-oil-discovery-in-neuquen-basin
    And of course the always stupid comment in any Argie article by Nicho haha

    Jul 21st, 2010 - 06:40 pm - Link - Report abuse 0
  • stick up your junta

    any updates on that scoop nicotine

    Jul 21st, 2010 - 06:47 pm - Link - Report abuse 0
  • harrier61

    Found this link

    http://www.guardian.co.uk/environment/2010/jul/21/uk-south-america-soy-rainforest-emissions

    And I see someone has suggested that Britain can please Friends of the Earth and cut out another Argentine export market at the same time.

    Seems like an excellent idea. Feed British livestock on British feed and cut out imports from Argentina!!

    Jul 21st, 2010 - 07:12 pm - Link - Report abuse 0
  • Nicholas

    Comment removed by the editor.

    Jul 21st, 2010 - 07:17 pm - Link - Report abuse 0
  • fredbdc

    Nico, you know the difference between oil and natural gas don't you? Maybe you can find a You Tube video that explains it.

    Jul 21st, 2010 - 07:23 pm - Link - Report abuse 0
  • harrier61

    Such a shame about the world's intellectually-challenged. Still, it's only 40 million. And they're all in Argentina!

    Jul 21st, 2010 - 09:13 pm - Link - Report abuse 0
  • NicoDin

    Comment removed by the editor.

    Jul 21st, 2010 - 09:25 pm - Link - Report abuse 0
  • jerry

    If you check with some knowledgeable people, you will find that Argentena has plenty of gas; the fact is that there is a very underdeveloped system for production and distribution of that gas.

    Jul 21st, 2010 - 09:27 pm - Link - Report abuse 0
  • zethe

    Nicodin. Hydrogen is not water. Hydrogen consists of 75% of all mass in and outside of earth.

    it is the most likely next alternative fuel but is not currently viable.

    Jul 21st, 2010 - 09:41 pm - Link - Report abuse 0
  • harrier61

    Hydrogen fuel for Argentina. What a terrific idea. I think it shoukld be adopted right away with a specific date set for the country to “Go Hydrogen”. All across Argentina, people setting light to the blue touch paper at the same time! Argentina could be the new Atlantis!

    Jul 22nd, 2010 - 10:11 am - Link - Report abuse 0
  • stick up your junta

    If you ask nicely,the Falklanders might sell you some

    Furthermore, the Johnson prospect is considered to hold multi-trillion cubic feet of natural gas

    Jul 22nd, 2010 - 10:28 am - Link - Report abuse 0
  • briton

    if Mrs. Kirchner says pass wind, then her people will pass wind,
    more wind they produce, longer their gas will last them,
    it might smell a bit, but at least it will last more then 7 years, lol

    Jul 22nd, 2010 - 05:58 pm - Link - Report abuse 0
  • harrier61

    And with same-sex marriage and Buenos Aires vying to become the gay capital of the world, collection will be a pleasure. Streets full of inch-wide collection tubes for Argentines to relax on.

    Jul 22nd, 2010 - 06:28 pm - Link - Report abuse 0
  • briton

    and think and the rest of them will be seen as one of the crowd

    Jul 23rd, 2010 - 12:33 am - Link - Report abuse 0
  • Hoytred

    hey, Argentina has a lot of soy oil lying around going nowhere ... so maybe they can burn that?

    Jul 23rd, 2010 - 12:00 pm - Link - Report abuse 0
  • briton

    she may have to bann the farting bit, as it might take up to many toilet rolls, , think [mam] think

    Jul 23rd, 2010 - 11:39 pm - Link - Report abuse 0
  • harrier61

    Toilet rolls? Are you sure they've got past handfuls of grass? Grass is plentiful.

    Jul 23rd, 2010 - 11:57 pm - Link - Report abuse 0
  • briton

    mmmmm more greener for the enviroment

    Jul 24th, 2010 - 12:04 am - Link - Report abuse 0
  • axel arg

    What is omited in this articule , is that, ypf, enarsa (argentine statal corporation) and others, are making exploration works in diferent sectors of the argentine territory, since october of 2008, enarsa, ypf, and enap sipetrol (chilean corporation), are exploring the costs of san jorge in santa cruz, ypf is doing diferent explorations, like the malargue bassin in mendoza, and others, beside since dicember of current year, it will explore too the malvinas bassin (outside the exclution zone, declared uniterally by the u.k), beside there are many others exploration works, in fact, last year ypf found the most important reserve in 18 years, it was found in neuquen bassin, i really hope that we found more and more reserves, because we need them to assure the development of our country, beside there is an agreement betwen enarsa and pedeveza to explore the orinoco bassin, and it was and important reserve too.

    Jul 24th, 2010 - 02:48 pm - Link - Report abuse 0
  • zethe

    (outside the exclution zone, declared uniterally by the u.k)

    Declared and enforced ;-)

    Jul 24th, 2010 - 07:41 pm - Link - Report abuse 0
  • Tte Estevez

    To the ignorants brits: Yes we have plenty of coal and HUGE amounts of Uranium and Hydropower.
    Gas and oil we have plenty, but no too much prospection
    So we have energy for over 1000 years.
    Stick your queen!!

    Jul 27th, 2010 - 06:45 am - Link - Report abuse 0
  • Cadfael

    estevez, such a shame then you dont know how to exploit those riches.
    You are too busy blowing hot air.
    Here in Scotland, we dont have a queen, you lot appear to want to import them by the boat-load ... what does that say about you?
    There must be a lot of argies by the name of Sr. Benjamin Dover!
    Or perhaps Philip Mc Avetee!
    The queen is simply titular head, not ruler.

    Jul 27th, 2010 - 10:26 am - Link - Report abuse 0
  • Tte Estevez

    estevez, such a shame then you dont know how to exploit those riches.
    You are too busy blowing hot air.
    Here in Scotland, we dont have a queen, you lot appear to want to import them by the boat-load ... what does that say about you?
    There must be a lot of argies by the name of Sr. Benjamin Dover!
    Or perhaps Philip Mc Avetee!
    The queen is simply titular head, not ruler.
    Whatever, Cad! Argentina does not bother you or Scotland so I expect the same thing from you.
    Fair is fair!!

    Jul 27th, 2010 - 12:45 pm - Link - Report abuse 0
  • harrier61

    Just wait until you have to meet the Scots in the British Army! Hard to decide who'd you least like to meet. Gurkhas or Scots!!

    Jul 27th, 2010 - 04:24 pm - Link - Report abuse 0
  • Liberty

    Come on!!....argentinians have plenty of natural gas with more than 38 million inhabitants...What about all the gas that comes out their arse and mouth every day?

    Jul 27th, 2010 - 10:16 pm - Link - Report abuse 0

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