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1/ Is #Argentina looking at another “década ganada?” If the projections of oil and gas growth by @Energia_Ar prove accurate, the country will see an export boom in the coming decade. And this is why the 2019 election matters, let’s explore.
Report: http://argentina.gob.ar/sites/default/ …
2/ According to conservative estimates of the growth in oil & gas exports by @Energia_Ar, by 2030 total energy net exports will be ~$25 billion. This is shown in the graphs below. This is a total reversal from the multi billion deficit left by the previous gvt.pic.twitter.com/wfIi9JI7Zy
3/ If this comes to pass, employment growth in the oil and gas sector—usually well paid jobs—will generate an estimated 503k additional jobs in the sector by 2025. This will be a boon for the interior of the country and could spur development.pic.twitter.com/K6AfG3n2Zc
4/ Does 2019 matter? Energy production means the gvt has to provide incentives & ensure that domestic prices reflect market prices. The next gvt could be handed a major source of revenue & energy is often associated with corruption and ‘Dutch disease.’ Much foresight is needed.
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