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Emilio Apud, former energy secretary: "Everything that Vaca Muerta produces from now on is for export"
AR🏛️ PoliticsCenter6 hr. ago

Emilio Apud, former energy secretary: "Everything that Vaca Muerta produces from now on is for export"

Argentina's oil production is approaching a historic milestone of one million barrels per day, driven by the Vaca Muerta field. Ex-Energy Secretary Emilio Apud discussed this growth during an interview with +Perfil, emphasizing that future production will primarily be exported due to infrastructure limitations. He highlighted the importance of expanding systems like Vaca Muerta Oil Sur (VMOS) to increase exports and noted that domestic consumption remains around 550,000 barrels daily. Apud also addressed international price fluctuations, suggesting sustained prices above $90 could pressure the internal market, though he believes prolonged high prices are unlikely due to U.S. political factors.

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Perfil logoPerfilIndependentCenter6 hr. ago
Emilio Apud, former energy secretary: "Everything that Vaca Muerta produces from now on is for export"

Argentina's oil production is approaching a historic milestone of one million barrels per day, driven by the Vaca Muerta field. Ex-Energy Secretary Emilio Apud discussed this growth during an interview with +Perfil, emphasizing that future production will primarily be exported due to infrastructure limitations. He highlighted the importance of expanding systems like Vaca Muerta Oil Sur (VMOS) to increase exports and noted that domestic consumption remains around 550,000 barrels daily. Apud also addressed international price fluctuations, suggesting sustained prices above $90 could pressure the internal market, though he believes prolonged high prices are unlikely due to U.S. political factors.

Bias read (Center): The article presents a balanced discussion of Argentina's energy sector developments, focusing on technical and economic aspects rather than taking a clear ideological stance. While it mentions political figures and potential impacts on policy, it does not overtly favor any particular political side

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