Argentina

• Tuesday, February 27th 2007 - 21:00 UTC

  Argentine strikers cut gas supply to south Chile methanol plant

  

  Canadian company Methanex plant in Chile's southern region of Magallanes has seen natural gas supply fall 10% following an indefinite strike from oil and gas workers union in neighboring Argentina. Methanex is the world's leading producer or methanol.

• Wednesday, February 21st 2007 - 20:00 UTC

  Argentina joins the Orinoco heavy oil industry

  

  Venezuela's Hugo Chavez and Argentina's Nestor Kirchner inaugurated Wednesday the first well in the heavy-crude Orinoco strip to be operated by Argentine companies.

• Tuesday, February 20th 2007 - 20:00 UTC

  Respsol-YPF plans seismic surveying in Malvinas basin

  

  The Spanish oil consortium Respsol-YPF in planning to undertake seismic surveying in the Malvinas basin in 2008, and could invite Argentina's new government owned oil company Enarsa to participate in the operation

• Thursday, February 15th 2007 - 20:00 UTC

  Chile to take Argentina to WTO over agriculture subsidies

  

  Chile announced early this week that it would file a new lawsuit against Argentina before the World Trade Organization (WTO) for the country's use of agricultural subsidies. The pending lawsuit would further strain relations between the two southern cone neighbors, as Argentina has already has filed two lawsuits against Chile before the WTO

• Thursday, February 15th 2007 - 20:00 UTC

  Slow beginning for Argentine squid season

  

  Argentine short fin squid (Illex argentinus) catches within the Argentine EEZ since the start of the season on February 1 are rather erratic and not very encouraging. Until last week only eight jiggers were operating in the area reports Pesca & Puertos website.

• Thursday, February 15th 2007 - 20:00 UTC

  Buenos Aires province licenses 50 fishing vessels

  A total 50 vessels, less than 28 meters long, for the first time have been licensed to catch off the bay of Samborombón, an area the province of Buenos Aires government claims to be under its jurisdiction based on the Uruguay/Argentina River Plate maritime agreement.

• Wednesday, February 14th 2007 - 20:00 UTC

  Argentina: Hake landings the lowest in the last four years

  

  From 1 to 31 January, 15,780.7 tonnes of common hake (Merluccius hubbsi) were landed, and is the lowest number registered since 2003, according to the Agriculture, Livestock, Fisheries and Food Secretariat (SAGPyA) statistics. Last year, during the same month, landings of this species totalled 21,281.3 tonnes, while the average output registered in January during the last four years was about 23,000 tonnes.

• Wednesday, February 14th 2007 - 20:00 UTC

  Argentine banks switch to Europe

  

  US financial and anti-money laundering regulations have increased the cost of doing business with US banks to such an extent that Latin American businesses are turning to European financial institutions, Argentina's central bank chief said yesterday.

• Wednesday, February 14th 2007 - 20:00 UTC

  Fiat and India's Tata to build light trucks in Argentina

  

  Fiat and Tata announced in Milan, Italy the expansion of their strategic co-operation with their first industrial project outside India. Fiat will build a Tata bakkie (with Fiat badges) at its plant in Córdoba, Argentina, under an agreement that followed a feasibility study started in July 2006.

• Monday, February 12th 2007 - 20:00 UTC

  Buenos Aires “invaded” by 10.000 visitors in six cruises

  

  Three major cruise vessels with 10.000 tourists called in Buenos Aires over the weekend signaling a peak for the current season.