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Argentina natural gas imports in March soar 74% compared to a year ago

Thursday, May 2nd 2013 - 06:25 UTC
Full article 14 comments

Argentina's natural gas imports rose 74% to 28.4 million cubic meters/d in March, compared with 16.3 million cu m/d in the year-earlier period, the country’s Energy Secretariat said Monday. Imports were up 16% compared with 24.5 million cu m/d in February, according to a monthly data report. Read full article

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  • Troy Tempest

    Poor Stevie et al,

    'Ol Yankeeboy's predictions are coming true!!!

    May 02nd, 2013 - 06:47 am - Link - Report abuse 0
  • Anglotino

    WOW! And winter hasn't even started.

    What a turn around. But saying that we have copious amounts of gas ready to export thanks to our massive reserves and export capabilities. None government owned thankfully.

    Payment up front of course.

    (Troy, Stevie is safely about to enjoy summer and not undergo winter like us australs in Australia, Argentina AND Uruguay).

    May 02nd, 2013 - 08:46 am - Link - Report abuse 0
  • Pirate Love

    more great news for argentinas economy, it just never stops!

    May 02nd, 2013 - 09:19 am - Link - Report abuse 0
  • Conqueror

    I don't recall that guy that now runs YPF saying that imports would have to increase by 74%. Didn't he say 10-15%? And they've exceeded that in one month!

    May 02nd, 2013 - 10:39 am - Link - Report abuse 0
  • yankeeboy

    With only U$4B in fcf reserves, a trade deficit approaching, farming strike in Autumn...I predict major blackouts in BA soon and often.
    The factories being idled YET AGAIN and more often this winter
    One wonders how long the car companies will put up with is mess
    Not long methinks
    not long

    May 02nd, 2013 - 10:53 am - Link - Report abuse 0
  • Troy Tempest

    @5 Yankeeboy

    That's ok, the car companies will be fine. The factories in the neighbouring healthier economies will easily ramp up to make up any lost production. Argentina can simply import what they need from Chilé and Brazil.

    Oops, IF they can afford to, and IF CFK will allow it.

    Part of the problem will be the cost of dismantling their operations - workers will need to be compensated a la Vale.

    Once they're gone though, I'm sure they'll find it easier to run things in an 'investment-friendly' country, and more efficient.

    They might never re-invest.

    However, China might find a market for their death traps in Argentina.

    The only “Cherry” that Toby will ever see.

    :-D

    May 02nd, 2013 - 05:28 pm - Link - Report abuse 0
  • Optimus_Princeps

    No amount of plastic surgery and antidepressants will sooth her nerves on this issue. Her term will likely end prematurely, most likely by the end of the year if this continues.

    May 02nd, 2013 - 06:14 pm - Link - Report abuse 0
  • ChrisR

    I thought we were told that YPF would cover most of the gas needed with its 'new' fields!

    Ha, ha, ha.

    Standby for TMBOA to start screaming at the CEO of YPF for lying! Well, it takes one to know one.

    6 Troy Tempest

    Our hire car when we moved here two years ago was a 'Chery' 1.0L.

    It looked great on Carrasco Airport (less than 200 km on it) and I was looking forward to driving it and perhaps getting one for my wife.

    I was not surprised when it struggled up the hill to the east (loaded up as it was and with a new engine, not yet run in) but I was not expecting bits to fall of it, the brakes to fade and all the wheel nuts to be loose which when I checked them explained the vague feeling from the steering and a vibration from the front end (PDI must be an unknown concept for rental companies).

    We only had it four days while we waited for our new car to be prepared (VW Importer for UYU) and my wife said “if this thing keeps going like it has been, we will be taking it back in a box”.

    As it was VW arranged for the rental company to pick it up from their premises and I didn't even bother asking the wife if she wanted one.

    Since found out you can't get some of the parts either.

    May 02nd, 2013 - 06:30 pm - Link - Report abuse 0
  • yankeeboy

    If they are smart, and I bet they are, they're already prepared for a quick exit. Leave the factories and get all the U$ out of the country. Wherever they move will build them new factories anyway. It would be nice if they could set up shop in Uruguay but I think it is just too small.

    May 02nd, 2013 - 08:46 pm - Link - Report abuse 0
  • ChrisR

    9 yankeeboy

    Yes, it would be good but the unions have a strangle hold on the 'bosses' and they exert it whenever they can.

    And that is without counting the utter stupidity of the governments own 'labour laws'

    I would never, ever, start up in business in Uruguay and I love the place.

    May 02nd, 2013 - 09:10 pm - Link - Report abuse 0
  • yankeeboy

    Well that leaves Chile, as usual the only decently run country in SA.

    May 02nd, 2013 - 09:24 pm - Link - Report abuse 0
  • Troy Tempest

    @8 Chris
    “Our hire car when we moved here two years ago was a 'Chery' 1.0L.”

    Thanks for that interesting tale.

    I had heard that a move into NA was being contemplated by the Chinese car manufacturer of the Chery, but it was years away from passing crash standards.
    In fact, they were assessed as being highly dangerous in a crash.

    May 02nd, 2013 - 10:59 pm - Link - Report abuse 0
  • cornelius

    Argentina is an insane country they have a disease call Peronitis is a bug that attack the brain but keep the body going like zombies they been sleeping know for 55 years does anybody have the antidote for this virus?

    May 03rd, 2013 - 01:53 am - Link - Report abuse 0
  • Troy Tempest

    A work ethic and an opportunity to improve one's lot, based on merit.

    Waiting for the usual armchair communists to call me a “Capitalist exploiter of the Working Class”

    May 03rd, 2013 - 04:50 am - Link - Report abuse 0

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