Germany’s Wintershall sealed a 150 million dollar unconventional exploration contract with the Argentine province of Neuquén’s owned Gas y Petroleo de Neuquén to search for oil in the Vaca Muerta formation. The agreement could later be extended to 3.35bn.
With the imminent eruption of Copahue volcano, the governor of Neuquén, Jorge Sapag, said that, the volcano will have the last word, and has asked to wait 72 hours, as the specialists recommended, not to give rise to false expectations amongst the evacuees.
The governor of hydrocarbon-rich Neuquen Province wants to convince Argentina's government it can get all the natural gas it needs from Neuquen and doesn't need to spend billions to import the fuel from Qatar.
Another provincial ally of Argentine President Cristina Fernandez de Kirchner, CFK, was re-elected Governor in the Patagonian province of Neuquen confirming the ample support for the head of state’s re-election bid next October.