Argentina's Hydrocarbons Export Regime
Article from: TDM 2 (2008), in Venezuela: The battle of Contract Sanctity vs. Resource Sovereignty (Special)
Introduction
Recent relations between the Argentine government and the oil companies working there has included a group of measures that should be aimed at increasing the production needed to assure domestic supply. Those measure, however, have focused on stronger intervention in the economy than seen in the last decades. There is a certain incongruity between the two purposes, given that - on the one hand - the country needs to replace produced reserves and to take advantage of high international prices and - on the other - companies need legal certainty and respect for the rules of the game ...