LATEST NEWS IN THE HYDROCARBON SECTOR<\/span><\/h1>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\nProvince of Mendoza \u2013 Hydrocarbons Companies Registry<\/h3>\n
Provincial Law N\u00ba9.137 creates the Hydrocarbons Companies Registry and the Hydrocarbons Fields Registry, both yet to be regulated by the Provincial Executive Branch in the following 180 days. Said Law also provides that hydrocarbons exploration, exploitation and transportation activities subject to provincial jurisdiction shall pay a control tax to be determined by enforcement authority, which cannot exceed 0,8% of the amount to be paid by the holders of hydrocarbon\u00b4s permits and concessions as canon and royalties.<\/p>\n
Province of Santa Cruz \u2013 Off shore exploration<\/h3>\n
Provincial Law N\u00ba3.635 modifies Provincial Law N\u00ba 3.313 which prohibited hydrocarbons exploration in waters of provincial public domain through seismic surveys with an intensity major to 120 decibels using 2D and 3D underwater detonations in the Golfo San Jorge basin. According to the new law, said activities shall be permitted during March 1 to August 31 of each year.<\/p>\n
Gas Export Authorizations<\/h3>\n
By means of Resolution N\u00ba 3\/2019, the Secretary of Energy granted Wintershall Energ\u00eda S.A an authorization to export gas to Brazil, interruptible, from fields located in the Neuquina basin to AES Uruguaiana Empreendimientos S.A. for a maximum volume of 159,000,000 m\u00b3\/day up to May 1st 2019 or the export of an amount equivalent to the daily authorized amount multiplied by the amount of days of the authorization, what occurs first.<\/p>\n
By means of Resolution N\u00ba 5\/2019, the Secretary of Energy granted Compa\u00f1\u00eda General de Combustibles S.A an authorization to export surplus of the natural gas previously authorized for export by Resolution N\u00ba 12\/2018, subject to interruption in case of internal supply problems.<\/p>\n
By means of Resolution N\u00ba 6\/2019, the Secretary of Energy granted Compa\u00f1\u00eda General de Combustibles S.A an authorization to export surplus of the natural gas previously authorized for export by Resolution N\u00ba 57\/2018, subject to interruption in case of internal supply problems.<\/p>\n
By means of Resolution N\u00ba 8\/2019, the Secretary of Energy granted Pan American Energy LLC Sucursal Argentina an authorization to export gas to Brazil, interruptible, from fields located in the Neuquina basin to Transportadora Sulbrasileira de Gas Sociedad An\u00f3nima for a maximum volume of 1,300,000 m\u00b3\/day for a 120 days period, or the export of an amount equivalent to the total authorized amount is fulfilled, what occurs first.<\/p>\n
By means of Resolution N\u00ba 9\/2019, the Secretary of Energy granted Total Austral Sociedad An\u00f3nima Sucursal Argentina an authorization to export gas to Chile, interruptible, from the Cuenca Austral basin to Empresa Gasco Sociedad An\u00f3nima for a maximum volume of 100,000,000 m\u00b3\/day up to December 1st 2019 or until the export of an amount equivalent to the daily authorized amount multiplied by the amount of days of the authorization, what occurs first.<\/p>\n
By means of Resolution N\u00ba 12\/2019, the Secretary of Energy granted Pampa Energ\u00eda Sociedad An\u00f3nima an authorization to export gas to Uruguay, interruptible, from the Nequina basin to Administraci\u00f3n Nacional de Usinas y Transmisiones El\u00e9ctricas (UTE) for a maximum volume of 600,000 m\u00b3\/day up to May 1st 2019 or the export of an amount equivalent to the daily authorized amount multiplied by the amount of days of the authorization, what occurs first.<\/p>\n
By means of Resolution N\u00ba 13\/2019, the Secretary of Energy granted Pan American Energy LLC an authorization to export gas to Uruguay, interruptible, from the Anticlinal Grande \u2013 Cerro Drag\u00f3n, Chulengo and Cerro Tortuga \u2013 Las Flores Exploitation Blocks to Administraci\u00f3n Nacional de Usinas y Transmisiones El\u00e9ctricas (UTE) for a maximum volume of 600,600,000 m\u00b3\/day for one year period or up to the export of an amount equivalent to the total authorized amount is fulfilled, what occurs first.<\/p>\n
Please, do not hesitate to contact us in case you have any further questions or comments:<\/p>\n
\n
Mar\u00eda Victoria Tiscornia
Senior Associate
mvtiscornia@bcoabogados.com.ar
+54 11 4326-7777<\/p>\n
Leandro Martin Orts
Senior Associate
lorts@bcoabogados.com.ar
+54 11 4326-7777<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"
Relevant news: Investment promotion regime for plantation forests Amendments to National Criminal Code of Procedure and National Civil and Commercial Code of Procedure Civil Action for Domain Extinction Registration proceedings for the Mining Investments Registry<\/p>\n","protected":false},"author":1,"featured_media":25,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-37","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/bcoabogados.com.ar\/en\/wp-json\/wp\/v2\/posts\/37","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bcoabogados.com.ar\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bcoabogados.com.ar\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bcoabogados.com.ar\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bcoabogados.com.ar\/en\/wp-json\/wp\/v2\/comments?post=37"}],"version-history":[{"count":1,"href":"https:\/\/bcoabogados.com.ar\/en\/wp-json\/wp\/v2\/posts\/37\/revisions"}],"predecessor-version":[{"id":230,"href":"https:\/\/bcoabogados.com.ar\/en\/wp-json\/wp\/v2\/posts\/37\/revisions\/230"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bcoabogados.com.ar\/en\/wp-json\/wp\/v2\/media\/25"}],"wp:attachment":[{"href":"https:\/\/bcoabogados.com.ar\/en\/wp-json\/wp\/v2\/media?parent=37"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bcoabogados.com.ar\/en\/wp-json\/wp\/v2\/categories?post=37"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bcoabogados.com.ar\/en\/wp-json\/wp\/v2\/tags?post=37"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}