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It’s official now: Argentine oil and gas production continues to fall

Thursday, March 29th 2012 - 04:13 UTC
Full article 30 comments

Argentina oil output during the month of January dropped 4.21% compared to a year ago while natural gas was down 0.11%, according to the latest official data from the Energy Secretary. Read full article

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  • Marcos Alejandro

    It’s official now “Fuel tanker drivers' strike has no justification, says David Cameron”

    Camoron:
    “Fill up your car and get some petrol in the garage” If it explodes we'll send the Big Society Fire Brigade”

    http://www.guardian.co.uk/politics/2012/mar/28/fuel-tanker-drivers-strike-cameron

    Mar 29th, 2012 - 04:59 am - Link - Report abuse 0
  • Beef

    Perhaps you can buy some fuel from the FI Marcos? That is, if there is any left and we would want to sell you it. If it gets too bad in Argentina then perhaps we will give you some fuel aid ;-)

    Mar 29th, 2012 - 06:06 am - Link - Report abuse 0
  • Xect

    Got to love Marcos, when the truth (or part of it we know of the reporting quality of the Argentine government) is presented in a typical Argentine way he tries to deflect attention with a completely unrelated story.

    Rather pathetic really but unsurprising given Marcos is rather pathetic.

    Mar 29th, 2012 - 06:44 am - Link - Report abuse 0
  • GreekYoghurt

    Marcos, what's that got to do with Argentinian lack of ability to deliver on its promise to be self-sufficient on fuel and with winter coming?

    Are all Le Camping Gimps like you? Are you fat like Maximo?

    Mar 29th, 2012 - 08:32 am - Link - Report abuse 0
  • The Cestrian

    Cant wait until Campora take over the running of the country. A nation run by thieves, bandits and terrorists. How very Che Guevara.

    Mar 29th, 2012 - 08:36 am - Link - Report abuse 0
  • GreekYoghurt

    @5 and you can imagine how very North Korean that there Lecampingland is going to be.

    Mar 29th, 2012 - 08:51 am - Link - Report abuse 0
  • Idlehands

    If Argentina wants to increase hydrocarbon production they need to encourage investment. The industry has finite resources and capabilities so they are not going to bother in a country where they have no concept of incentives and simply run around waving a stick and making demands. The energy import bill is only going to rise in the near term.

    Mar 29th, 2012 - 10:40 am - Link - Report abuse 0
  • yankeeboy

    Since the Ks get 15% of all imports/exports to/from Venezuela as a “customs broker” commission, do you think that is why they have decimated their oil/gas industry?

    Mar 29th, 2012 - 11:50 am - Link - Report abuse 0
  • Conqueror

    Time for Repsol to take all its equipment and depart.

    Mar 29th, 2012 - 03:37 pm - Link - Report abuse 0
  • Marcos Alejandro

    2 Beef, Thanks but my bike doesn't need any petrol, your junk does and plenty of it :-)
    Make sure you do what your government said the other day “Fill up your car and get some petrol in the garage”
    Enjoy your strike.

    Mar 29th, 2012 - 03:43 pm - Link - Report abuse 0
  • JuanStanic

    Oil are gas are finite. If we don't use them now we can use them in the future. And they will be more profitable to sell.

    Mar 29th, 2012 - 05:15 pm - Link - Report abuse 0
  • ChrisR

    11 JuanStanic

    And in the meantime old people in the south can die of hypothermia?

    Anyway, the chances of you lot getting any more oil / gas out of the ground are zero and nil.

    From an old oil terminal engineer. :o)

    Mar 29th, 2012 - 06:14 pm - Link - Report abuse 0
  • stick up your junta

    Fill up your car and get some petrol in the garage”

    Great advice from a argie expert on fuel strikes?

    Argentina Faces Motor Fuel Crisis As Strike Drags On
    http://www.advfn.com/nyse/StockNews.asp?stocknews=YPF&article=45691574

    Mar 29th, 2012 - 06:48 pm - Link - Report abuse 0
  • xbarilox

    @ 1 qué dolor de cola nena, parece que el pito inglés es grande, ¿no? date asientos de malva, mi abuelita tenía hemorroides y la calmaba jajaja

    “Crude production last January reached 2.8 million cubic metres and natural gas, 3.812 million cubic metres. In 2011 oil output was down 6% and natural gas also down 3.36%, which meant Argentina last year, had a fuels’ import bill of almost ten billion dollars.” Winter is almost here, brrrrrrrr brrrrrrrrrrr brrrrrrrrr

    Mar 29th, 2012 - 07:00 pm - Link - Report abuse 0
  • Pugol-H

    @ 10 Marcos Alejandro

    The strike if it starts, will be over sooner rather than later.

    Oil & gas production in Argentina doesn’t look like they will stop falling any time soon.

    Much less start rising anytime later.

    Mar 29th, 2012 - 07:30 pm - Link - Report abuse 0
  • JuanStanic

    ChrisR
    We the people in the south know how to handle it. Or we use gas or we use coats.

    Mar 29th, 2012 - 08:06 pm - Link - Report abuse 0
  • yankeeboy

    I find it hilarious when an RG brings up a strike or crime in another country. THERE IS SOMEONE STRIKING DAILY IN BA! Whether it is truck drivers, teachers, baggage handlers, airline employees, garbage collectors, someone at some point of EVERY DAY has a road blocked in BA.

    You have to hope and pray at gas stations that you can fill up your car, they're never supplied sufficiently.

    Marcos you must be stupid or really poor to have to travel by bicycle in BA. It is dangerous to drive a car let alone try to bike anywhere.

    Mar 29th, 2012 - 08:49 pm - Link - Report abuse 0
  • GreekYoghurt

    @17 Le Camping folks are just really upset inside because they think they're involved in some kind of revolution, but they're really just having their shirts stolen off their backs.

    It's hilarious.

    Mar 29th, 2012 - 09:07 pm - Link - Report abuse 0
  • Marcos Alejandro

    17 yankeeboy
    Fred lose some weight so you can use a bike and don't be such a chicken.

    Mar 29th, 2012 - 09:20 pm - Link - Report abuse 0
  • JuanStanic

    @17
    It depends on wheter you are stupid to drive in the avenues or you are intelligent and go through normal streets. I did in my studying days and I never had an accident.

    Mar 29th, 2012 - 09:24 pm - Link - Report abuse 0
  • GreekYoghurt

    @20 I hope you didn't study sciences, because you just gave us 1 datapoint, and used it to prove a hypothesis.

    Maybe you did study sciences, but at one of those Argentinian Universities which are terrible and don't even use standard textbooks because they cannot import them for being lead-ink. At argentinian universities you have to study with Le CAmping approved books, called 'malvinas argentinas maths' or some sh!t like that.

    Mar 29th, 2012 - 10:12 pm - Link - Report abuse 0
  • xbarilox

    @ 16 You don't live in Argentina, JuanStanic. If Cristina and her Modelo keeps bringing all these advances, Argentina will be part of the first world sooner than expectad. Lo atamos con alambre y vos feliz, como cuernudo feliz, todo sea por Cris y Malvinas, comé caca que te gusta :)

    Mar 29th, 2012 - 10:23 pm - Link - Report abuse 0
  • JuanStanic

    @22
    Jaja mucho ruido vos pibe. Veni a Ushuaia y pregunta por mi. A ver si te haces el malo cuando tenes la realidad enfrente. Y de paso te esperamos con un buen pedazo de caquita fría que te encanta.

    I hope oil and gas are used less and less. It ruins the planet. The future is obviously not in those two.

    Mar 30th, 2012 - 04:09 am - Link - Report abuse 0
  • Rhaurie-Craughwell

    Ah it all makes sense, a rapidly spiraling budget deficit, 30% inflation, corrupt politicians, trade wars and now declining oil output no wonder the Argentine govt is banging the Falklands drum....desperate to deflect public attention :)

    Mar 30th, 2012 - 12:08 pm - Link - Report abuse 0
  • ChrisR

    16 JuanStanic
    “Or we use gas or we use coats” BUT THAT'S THE POINT!

    There won't be any gas shortly. Your fabled 'government' have not completed more than half of the 'buy' contracts for LNG for THIS year.

    Nevermind, you at least will be able to cuddle up to God.

    Mar 30th, 2012 - 02:44 pm - Link - Report abuse 0
  • JuanStanic

    @25 ChrisR
    We have coats anyway.
    And gas is not going to stop coming to both Santa Cruz and TDF which are the really cold places. And both have less than 400.000 people together. We have enough gas at least for this year.

    Mar 30th, 2012 - 06:02 pm - Link - Report abuse 0
  • ChrisR

    26 JuanStanic

    I am truly pleased to hear that.

    But as a man of God (you, not me) what about the other poor people who will go cold because of the lack of LNG due to the corrupt government?

    Mar 30th, 2012 - 10:10 pm - Link - Report abuse 0
  • JuanStanic

    @27
    They cry because they have 10°C. That's normal in my city. Nothing a good coat can't handle.
    Anyway, most of the people north of Rio Colorado don't have a heating system in their homes, mainly because they face less than 15 cold days a year.

    Mar 30th, 2012 - 10:21 pm - Link - Report abuse 0
  • ChrisR

    28 JuanStanic
    “Anyway, most of the people north of Rio Colorado don't have a heating system in their homes, mainly because they face less than 15 cold days a year.”

    Frankly, I find that statement incredible. I live in Uruguay, some distance north of there and July / August was damn cold last year and my casa is among the better one in the area.

    Mar 31st, 2012 - 11:38 am - Link - Report abuse 0
  • JuanStanic

    @29
    I lived in Buenos Aires while studying in the University. It can be cold sometimes. But damn cold? Damn cold is when the earth freezes and your exposed bodyparts start hurting and turning red, i.e common winter day south of Rio Colorado. Anything warmer than that can be solved with a good coat and some blankets.

    Apr 01st, 2012 - 09:06 pm - Link - Report abuse 0

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