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Argentina is home to the world’s second-biggest trove of shale gas in Patagonia’s Vaca Muerta, or Dead Cow, formation. CEO Marcelo Mindlin, 59, who founded Pampa Energia SA in 2005 as the country rebounded from financial and economic implosion, wants to unearth as much of it as possible.
Argentina is home to the world's second-biggest trove of shale gas in Patagonia's Vaca Muerta.
(Bloomberg) -- To get to Marcelo Mindlin’s desk in his downtown Buenos Aires office, guests must walk past a big steel ring — a cross-section of natural gas pipeline.Most Read from BloombergTop House Republican Wants Help From Democrats to Pick a SpeakerIsrael Latest: Rallies Grow as Army Calls for Evacuation in GazaIsrael Latest: UN Staff Given Evacuation Order for Northern GazaVideo Game Cyberpunk 2077 Uses AI To Replace Deceased Voice ActorJeff Bezos Buys His Florida Neighbor’s Mansion for $7
Whatever broader policy mix is implemented, the next government will continue to back production in shale patch Vaca Muerta. That was the unanimous opinion of top drillers state-run YPF SA and Pampa Energia SA, and TGS SA, which conditions and transports shale gas, on earnings calls last week.