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Montevideo, August 14th 2022 - 21:51 UTC

Tag: Phoenix gas deposit Argentina

  • 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.