Page 19 - LatAmOil Week 40
P. 19

LatAmOil                                       ARGENTINA                                           LatAmOil



       Argentina, Brazil discuss gas pipeline plan






                         ARGENTINA  has held another round of   Additionally, both sides agreed that techni-
                         discussions with Brazil on plans for the con-  cal teams would maintain co-operation on these
                         struction of a pipeline to transport gas from   issues in the coming months.
                         unconventional fields in the Vaca Muerta shale   The parties are hoping to build a pipeline
                         formation to southern Brazil.        along a 600-km route from Uruguaiana, a city
                           Argentina’s Energy Minister Darío Martínez   in southern Brazil on the border with Argen-
                         met virtually last week with Brazilian Mining   tina, to Porto Alegre on Brazil’s Atlantic coast.
                         and Energy Minister Bento Albuquerque at the   The proposed link will be able to handle 15mn
                         Binational Energy Integration forum, where   cubic metres per day of gas, though its through-
                         they agreed to set up a bilateral working group   put capacity may rise later to 30 mcm per day.
                         to support the $1.2bn project.         The gas pipeline will take a year and a half
                           “The setting up of this group will give us the   to build. The Brazilian side will have to provide
                         tools to strengthen ourselves. It was the mandate   financing for the project, which has limited
                         given to us by our president, Alberto Fernández,   options for securing funding.
                         to think about the issue in the medium and long   Albuquerque also discussed the pipeline
                         term,” Martínez was quoted as saying by local   at a meeting with Argentina’s ambassador in
                         media.                               Brasília, Daniel Scioli, last month.
                           “We intend to seek the greatest synergies   Officials in Buenos Aires support the project
                         between both peoples,” he added.     because they are looking for ways to expand gas
                           For his part, Albuquerque said it was impor-  transportation networks serving Vaca Muerta
                         tant that the two nations continued pursuing   fields. At present, Argentina’s existing pipeline
                         “integration mechanisms” and that they con-  network does not have sufficient capacity to
                         tinued “to exchange information on the energy   respond to all of the projected increases in local
                         matrix between Brazil and Argentina.”  demand. ™

       Iveco signs contract to supply 100




       CNG-fuelled trucks to NRG Argentina





                         THE Italian manufacturing firm Iveco, an affili-  customers need,” said César Güercio, CEO of
                         ate of the US-Italian CNH Industrial group, has   NRG Argentina.
                         won a contract to deliver 100 CNG-powered   The sale represents “a great step towards the
                         trucks powered to NRG Argentina, a supplier to   introduction of this technology in the local mar-
                         the oil and gas industry.            ket,” said Francisco Spasaro, commercial direc-
                           The order is the largest of its kind ever placed   tor of Iveco in Argentina.
                         in South America.                      NRG Argentina is planning to build a ser-
                           According to a statement posted on Iveco’s   vice and maintenance centre for the new fleet
                         Argentinian website, the company has closed   at its operational base, which is located in Rio
                         a new sales agreement for 100 Stralis NP Cur-  Negro Province. The new trucks are expected to
                         sor 13 units. The contract also provides for 100   be used in the provinces of Entre Ríos, Neuquén
                         maintenance contracts to accompany the units   and Rio Negro, according to Iveco.
                         to NRG Argentina, which is based in the south-  Last year, Argentina’s government reduced
                         ern province of Rio Negro.           import tariffs for trucks powered by CNG,
                           “We are proud to announce a new com-  LNG and biogas by 30-33%. Additionally, it set
                         pressed natural gas (CNG) truck sales operation   a global import quota of 800 of these types of
                         and affirm that it is the largest operation in the   trucks and for 200 gas-fuelled truck engines,
                         region in terms of alternative fuels,” said Márcio   according to local reports.
                         Querichelli, president of IVECO Commercial   At the time, it explained the decision by not-
                         Vehicles South America.              ing that gas was not only a more environmen-
                           “The acquisition of a fleet of CNG trucks   tally friendly fuel but also cheaper than diesel.
                         is a clear example of the importance for NRG   Indeed, Iveco noted last week that the new
                         Argentina of incorporating technologies and   CNG-powered vehicles would have fuel costs
                         good practices that take care of the environment   that were 40-50% lower than those of their diesel
                         into account, while providing the solutions that   counterparts. ™



       Week 40   08•October•2020                www. NEWSBASE .com                                             P19
   14   15   16   17   18   19   20   21   22   23