Get our news on your inbox! x

Remember me Forgot password

MercoPress, en Español

Montevideo, August 18th 2026 - 16:00 UTC

Tag: natural gas

  • Tuesday, July 24th 2018 - 06:10 UTC

    Argentine natural gas for Chile beginning next October

    The gas will come primarily from the Vaca Muerta shale field in the Neuquen basin, and will be sent over the Andes mountain range to Chile’s Biobio province

    Argentina will begin exporting natural gas to Chile from October, the Argentine Energy Ministry said on Friday, following a meeting between the governments of both countries.

  • Sunday, June 4th 2017 - 13:17 UTC

    Argentina inaugurates Tierra del Fuego offshore gas deposit which provides 8% of the country's demand

    “Vega Pléyade supplies between 7.5% and 8% of Argentina's total consumption of gas”, said Energy and Mining minister Juan Jose Aranguren

    Argentina formally inaugurated the Vega Pleyade gas and condensate deposit off the coast of Tierra del Fuego considered the most austral of its kind in the world, and which has been supplying the country with nine million cubic meters daily since February 2016. The well is operated by French Total (37.5%) together with Wintershall Energy (37.5%) and Panamerican South (25%), demanded an investment of 1.1bn dollars over three years.

  • Friday, November 11th 2016 - 19:28 UTC

    Petrobras signs US$ 1.2bn contract for natural gas exploration in southern Bolivia

    President Evo Morales and Brazil's Mines and energy minister, Fernando Coelho Filho, traveled to Santa Cruz for the signing ceremony.

    Executives of Brazilian state oil company Petrobras and Bolivian counterpart YPFB signed this week a contract for a US$1.2 billion natural-gas exploration venture in southern Bolivia. Bolivian President Evo Morales and Brazil's minister of mines and energy, Fernando Coelho Filho, traveled to Bolivia's eastern city of Santa Cruz for the signing ceremony.

  • Monday, February 1st 2016 - 05:48 UTC

    Chile to provide gas to Argentina in winter months; Enap and YPF will increase production in Magallanes

    The accord was sealed under the agreements signed between Energy Minister Juan José Aranguren and his Chilean counterpart Máximo Pacheco.

    The government of Chile will be selling energy-short Argentina 5.5 million cubic feet of natural gas a day starting in May, providing also 200 MW of electricity through the interconnection system between both countries. Chile also committed to invest 200 million dollars in the Incremental Project of the Magallanes Area to boost hydrocarbon production.

  • Tuesday, November 24th 2015 - 14:53 UTC

    Summit of gas exporting countries opened in Tehran with nine leaders attending

    Presidents of Iran, Russia, Venezuela, Iraq, Bolivia, Equatorial Guinea, Nigeria, Turkmenistan are currently in Teheran

    A landmark summit of the Gas Exporting Countries Forum (GECF) has opened in the Iranian capital Tehran with the participation of the heads of nine member states. Presidents of Iran, Russia, Venezuela, Iraq, Bolivia, Equatorial Guinea, Nigeria, Turkmenistan as well as the Algerian prime minister are the key participants.

  • Thursday, May 22nd 2014 - 00:46 UTC

    Russia's Weakened Hand Could Pay Off For Beijing In Major Gas Deal

    Presidents Putin and Xi Jinping in Beijing when the final agreement was announced

    A major gas deal between Russia and China was finally sealed this week when Russian President Vladimir Putin was on a two day visit to China on May 20-21 and met with President Xi Jinping. In the lead up to Putin's arrival, the two sides have been working on putting the finishing touches on a 30-year contract for a gas deal a decade in the making, and Russian officials have suggested that the deal will be completed by Putin's arrival.

  • Friday, May 16th 2014 - 11:08 UTC

    Bachelet announces emergency plan to tackle energy shortage with natural gas

    A third LNG terminal will be built and the debt-plagued oil company ENAP is to be bolstered

    President Michelle Bachelet announced on Thursday that Chile would invest 650 million dollars to build a new liquefied natural gas (LNG) terminal and strengthen the state-run oil company in an effort to deal with a mounting power crunch.

  • Tuesday, January 28th 2014 - 05:17 UTC

    Market disruptor: nuclear restarts spells trouble for LNG

    There is a world boom in LNG because of the Japanese demand

    By Nick Cunningham of Oilprice.com - There are two major factors that have emerged in the last five years that have sparked a surge in LNG investments. First is the shale gas “revolution” in the United States, which allowed the U.S. to vault to the top spot in the world for natural gas production.

  • Tuesday, April 2nd 2013 - 02:42 UTC

    Uruguay will go ahead with the re-gasification plant “with or without Argentina”

    President Mujica said Uruguay can’t further delay the project

    President Jose Mujica confirmed that the project for the construction of a liquid gas re-gasification plant in the River Plate coast, originally planned with Argentina, “will go ahead with of without the Argentine government”.

  • Friday, March 1st 2013 - 06:39 UTC

    Be careful: Russia is back to stay in the Middle East

    Following the blunders of Russian diplomacy in Libya, President Vladimir Putin wants to ensure control of an Aliwite state carved out of the original Syria

    Russia is back. President Vladimir Putin wants the world to acknowledge that Russia remains a global power. He is making his stand in Syria. The Soviet Union acquired the Tartus Naval Port in Syria in 1971 without any real purpose for it. With their ships welcomed in Algeria, Cuba or Vietnam, Tartus was too insignificant to be developed. After the collapse of the Soviet Union, Russia lacked the funds to spend on the base and no reason to invest in it.