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Consortium led by Total to invest 1.2bn offshore Tierra del Fuego for natural gas

Thursday, October 24th 2013 - 07:36 UTC
Full article 5 comments

France's Total will lead a 1.2 billion dollars project to produce natural gas off the coast of Tierra del Fuego in the extreme south Argentina. In partnership with Wintershall AG and Pan American Energy LLC, they will drill as deep as 5.5 kilometers in the Vega Pleyade field, according to Javier Rielo who heads the project. Read full article

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  • GeoffWard2

    Nice to see BP in there with a significant investment,

    but they will have to avoid being nationalised or taken over by Argentina and the state-owned YPF if they strike it rich.

    ... The British, the French, the USA and the Chinese - everybody, but everybody, is trying to stop Argentina going tits-up.

    I hope they appreciate the help that the world's big businesses are giving them, and do not get upset about multinational company profits going out of the country.

    Oct 24th, 2013 - 11:21 am - Link - Report abuse 0
  • Optimus_Princeps

    I completely disapprove speaking from an environmental stand point. I find this disturbing.

    Oct 24th, 2013 - 11:56 am - Link - Report abuse 0
  • Vestige

    “I hope they appreciate the help that the world's big businesses are giving them.”
    lol.
    yeah. oil companies are reputed for helping others out.
    Heal the world ... make it a better place...for..

    Oct 24th, 2013 - 01:08 pm - Link - Report abuse 0
  • GeoffWard2

    I'm glad you both appreciate the paradoxes

    Oct 24th, 2013 - 01:20 pm - Link - Report abuse 0
  • Vestige

    Lowest form of wit.

    Oct 25th, 2013 - 05:59 pm - Link - Report abuse 0

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