Chile Could Save Argentina’s Shale Boom By Viktor Katona - Feb 07, 2021, 2:00 PM CST
Latin America just seems to be unable to synchronize its long-mooted upswing with global energy trends. Venezuela boasts the largest reserves on earth yet just as it starts to recover from the havoc US sanctions cripple its entire oil and gas industry, Argentina was assumed to be the next non-US shale oil sensation yet just as international majors started drilling in earnest and exports started to flow out of the country COVID-19 has upended everything. Now Venezuela might be quite a challenge to save under the current circumstances, Argentina, however, is far from being a lost cause despite all the political infighting that surrounds YPF’s activities. A recent infrastructure deal between Argentina and Chile might provide another ray of hope for Buenos Aires. The embattled Argentinian government concluded on January 26 a hope-revamping policy move, having officially signed up to th