Argentina''s Vaca Muerta Anchors Record Production
Since 2021, Argentina''s oil production has soared 50%, averaging 738,000 barrels per day (b/d) in Sep. 2024, its highest level since 2003. Similarly, gas output has soared 27%, averaging 5 billion cubic feet per day (Bcf/d) in the first nine months of 2024, according to data from the country''s Energy Secretariat. Of note, gas production
ENERGY PROFILE Argentina
developing areas. Energy self-sufficiency has been defined as total primary energy production divided by total primary energy supply. Energy trade includes all commodities in Chapter 27 of the Harmonised System (HS). Capacity utilisation is calculated as annual generation divided by year-end capacity x 8,760h/year. Avoided
Argentina''s crude oil and natural gas production near record
From January 2021 through September 2024, crude oil production in Argentina increased by 50%, and natural gas production rose by 27%, lifting output of both fuels near the records set in the early 2000s, according to data from the country''s energy ministry, the Secretaría de Energía de la República Argentina (SESCO).
Argentina''s crude oil and natural gas production near record highs
From January 2021 through September 2024, crude oil production in Argentina increased by 50%, and natural gas production rose by 27%, lifting output of both fuels near the
Argentina Energy Profile – Analysis
In support of the region''s energy goals, the report explores the opportunities and challenges that lie ahead. It provides insights on the ways in which the outlook for the region and the biggest global energy trends are deeply intertwined – as well as recommendations on policies that could allow Latin America and the Caribbean to take full
Latin America Energy Outlook
Today, around 45% of energy used in energy-intensive industries is natural gas: energy- intensive industries account for 60% of total energy demand in industry in Argentina. Industrial activity in Argentina sees less growththan the average in the region.
Argentina hydrocarbon production nears record highs
5 天之前· Golar LNG has a 20-year agreement with Pan American Energy (PAE) to deploy the Hilli Episeyo floating LNG (FLNG) plant in Argentina by 2027, targeting a production capacity
Argentina hydrocarbon production nears record highs
5 天之前· Golar LNG has a 20-year agreement with Pan American Energy (PAE) to deploy the Hilli Episeyo floating LNG (FLNG) plant in Argentina by 2027, targeting a production capacity of 2.45 million tonnes
Argentina: Energy Country Profile
Argentina: Many of us want an overview of how much energy our country consumes, where it comes from, and if we''re making progress on decarbonizing our energy mix. This page provides the data for your chosen country across
Argentina continues to ramp up oil production
Average daily production of oil, gas condensate and light hydrocarbons (ethane, propane and butane) in Argentina rose by 4% in 2023, reaching 819,000 barrels per day (bpd), and added another 6% in the first nine months of 2024 (to 866,000 bpd), according to the U.S. Energy Information Administration (EIA).
Argentina: Energy Country Profile
Argentina: Many of us want an overview of how much energy our country consumes, where it comes from, and if we''re making progress on decarbonizing our energy mix. This page provides the data for your chosen country across all of the key metrics on this topic.
6 FAQs about [Argentina ntop energy]
How much energy is used in energy-intensive industries in Argentina?
Today, around 45% of energy used in energy-intensive industries is natural gas: energy-intensive industries account for 60% of total energy demand in industry in Argentina. Industrial activity in Argentina sees less growth than the average in the region. Most of this modest increase is met by natural gas and electricity in the STEPS.
Why are oil and natural gas production rising in Argentina?
Crude oil and natural gas production in Argentina are both nearing record highs, driven by increasing output from the Vaca Muerta shale formation, which is offsetting declining output from conventional oil and natural gas fields.
What type of energy does Argentina use?
Argentina’s total primary energy mix is dominated by natural gas (55%) and oil (33%), with bioenergy contributing 5%, and hydropower and nuclear another 3% each. Argentina has the 2nd largest reserve of shale gas and the 4th largest reserve of shale oil worldwide.
Is Argentina ready for non-hydro renewables?
The country has set a goal for non-hydro renewables to reach 20% of the power mix by 2025 and recent efforts have triggered increased deployment (2021: 12.5%). Argentina is the world’s fourth largest lithium producer, a mineral critical for the manufacture of battery storage systems and, therefore, for the energy transition.
How much natural gas is produced in Argentina?
An average of 5.0 billion cubic feet per day (Bcf/d) of natural gas was produced in Argentina over the first nine months of 2024, 5.2% more than the same period in 2023. In August, natural gas production averaged 5.4 Bcf/d, the most of any month in 21 years.
Why did Argentina's natural gas imports fall 47% in 2024?
Argentina’s natural gas imports via pipeline fell by 47% in the first nine months of 2024 compared with the same period in 2023. The decline was largely because pipeline imports from Bolivia, which made up around half of Argentina’s natural gas imports in 2023, ended in September 2024.