The government cancels the reservation on oil exports from Santa Cruz and Neuquén

chief of staff, Manuel Adornialong with Economy Minister Luis Caputo and Interior President Diego Santilli, held new meetings this Thursday at the Hacienda Palace with the governors of Santa Cruz and Neuquén, Claudio Vidal and Rolando Figueroa respectively.

They were signed there Agreements to enhance the adaptation of the export rights regime for conventional crude oil, “With the aim of sustaining activity in mature basins, giving predictability to investments and protecting job opportunities.”. The Minister for the Coordination of Energy and Mining, Daniel Gonzalez, and the CEPH authorities also participated in the meeting.

The understandings repeat the scheme that began days ago with Chubut and establish a framework “Joint efforts” Between the country, provinces and companies. The national government is committed to adjusting export duties. The provinces, for their part, will review royalties and fees. Companies must ensure continuity of production and investment plans. Unions will be accompanied by measures to improve competitiveness.

Meeting with Manuel Adorni in the Treasury 27112025

In his account Reducing royalties and gross income To enhance activity and sustain jobs.

“Today we are adding a new tool to advance this central goal, “This allows companies to reinvest those resources and thus boost activity across the region.”

Chubut agrees with the nation to reduce oil blockades

For his part, Vidal confirmed this He added: “If this is not done, within two years we will end up importing crude oil. We do not want this for our country or our province. This helps with mature deposits, which are the ones we have in Santa Cruz. But it must turn into a real investment.

According to the Santa Cruz president, “If companies do not invest and put aside savings, there will be no benefit. Now we have to sit down with each operator and present the agreements to the nation. Our goal is clear: Maintaining activity, restoring production and taking care of people’s jobs.

Through these measures, the government seeks to reduce the tax burden on energy production and exports, encourage new investments and promote sustainable growth with clear and predictable rules.

Agreement with Chubut

This Tuesday, at a meeting in the Treasury Palace with the Governor of Chubut, Ignacio Torres, an agreement was signed to amend the export rights regime for conventional crude oil.

In this regard, Torres commented, “The cancellation of the reservation represents the third most important investment in the St. George’s Bay Basin, with an estimated impact of approx $370 million Which will be reinvested directly into the industry. This means more activity, more production And above all, more jobs for the thousands of families who make a living from energy work in our province.

art.