Vaca Muerta: Government Approved a USD 6.4 Billion RIGI to Paolo Rocca’s Oil Company
16 Articles
16 Articles
Tecpetrol will develop Los Toldos II East in Vaca Muerta and plans to reach a production of 70,000 barrels of oil per day by 2027; more than US$2000 million will be disbursed until the end of next year
The Evaluator Committee enabled the entry of Los Toldos II East of Tecpetrol to the regime of large investments; the project plans to produce 70,000 barrels per day and generate almost 8,000 jobs
“Neuquinos are not spectators of our resources: we are partners,” emphasized the provincial president and remarked: “GyP is the oil company of the Neuquinos and we want it to have an increasing share in the profits generated by Vaca Muerta.” With this project in Vaca Muerta, Tecpetrol advances with the largest investment in its history, for a total of 6.4 billion dollars. According to reports, more than 2 billion dollars will be disbursed until …
The government approved the entry to RIGI of the second stage of Los Toldos II East. The Tecpetrol project foresees more than $6.4 billion in investment, 70,000 barrels per day and thousands of new jobs.
The Tecpetrol and GyP oil companies have managed to make their millionaire project in the formation of unconventional hydrocarbons of Vaca Muerta benefit from the Regime of Incentives to Large Investments (RIGI), launched in 2024 in Argentina. According to the Argentine Economy Minister, Luis Caputo, the evaluation committee approved the admission to RIGI of the oil project Los Toldos II Este, in Vaca Muerta. The project will be operated by Tecp…
The Evaluation Committee approved the entry of a new project to the Big Investment Incentive Regime (RIGI), aimed at the production of oil in Vaca Muerta, for US$ 6.4 billion. This is the second stage of the project Los Toldos Este of the Tecpetrol company. The project plans to generate more than 7,900 jobs, between 3,100 direct and 4,800 indirect, a production of 70,000 barrels of oil per day. “RIGI will not only accelerate the pace of developm…
Coverage Details
Bias Distribution
- 50% of the sources lean Left, 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
