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Buenos Aires, Feb 25 (EFE). – Argentine President Javier Milei on Sunday escalated an ongoing dispute with the governor of the Patagonian province of Chubut (South), who is threatening to cut off the supply of hydrocarbons from the region, which according to the president would violate property rights. The cut “would mean violating the right …
BUENOS AIRES (AFP) – Argentina’s main petroleum-producing provinces have threatened to cut supplies to the rest of the country over funding reductions ordered by President Javier Milei. “Not a drop of oil will come out on Wednesday if they don’t respect the provinces once and for all and take their foot off our back,” Governor […]
Chubut Governor Ignacio Torres Friday warned Argentine President Javier Milei that his province would stop exporting oil if the federal administration insisted on “improperly withholding half of the [so-called] co-participation” funding. “If on Tuesday there is no resolution from the courts, we will not export even one more barrel of oil,” threatened Torres, whose stance was endorsed by several fellow governors and also by Buenos Aires Mayor Jorge Macri.
Argentina's main petroleum-producing provinces have threatened to cut supplies to the rest of the country over funding cuts ordered by President Javier Milei. Economy Minister Luis Caputo argued on X that the cut was necessary to collect on unpaid debt from Chubut to the federal government -- and that 10 other provinces also owe money.
Argentina's main petroleum-producing provinces have threatened to cut supplies to the rest of the country over funding reductions ordered by President Javier Milei.