- Jul 1, 2018
- 4,331
TYPE | Infrastructure |
COUNTRY | Argentina |
PROJECT | New South-North gas Pipeline |
PROJECT COST | 600,000,000.00 |
COMPLETION DATE | 22/02/2021 |
PROJECT INFORMATION | Argentine natural gas regulator Enargas has announced the construction of a 600mn USD, 12 million cubic meter-a-day (Mm3/d) pipeline to bring gas from the south of the country to meet demand further north. The pipeline would start operations in in the coming months, according to the CEO of the state owned company, who was speaking at the Argentina Energy Forum in Buenos Aires and suggested the so-called San Martín II line would run a similar route to gas transport company's existing San Martín line. Argentina's south has vast gas and oil deposits and reserves, that have been the focus of multiple public infrastructure projects of the current Cambiasso administration. In order to not only benefit the State's income by facilitating the export of this valued commodities and to also lower the price of the gas, widely used during the winter for heating in the north of the nation, Argentina is investing in this new pipeline to make the transportation easier and faster and so, lower the final price to the public. |
PRIVATE / ENCRYPTED | No |