Alberto Fernández presents the investment bill for hydrocarbon investments

In key hours of meetings and questions about the electoral defeat of the PASO in most of the country’s provinces, the president Alberto Fernandez will present the project of Law for the Promotion of Hydrocarbon Investments accompanied by governors, officials, businessmen, union representatives and legislators.

In one of the hottest moments since he arrived at the Casa Rosada, the head of state will carry out the initiative at the Bicentennial Museum starting at 11:30, the same setting where it was presented on Monday after the post-PASO crash.

Accompanied by a diverse audience of oil companies, trade unionists in the sector, governors and representatives of SME organizations, regional companies and references of the national industry, the national president will present the bill that aims to promote hydrocarbon investments.

Representing the national cabinet will be the ministers of Economy, Martin Guzman; of Productive Development, Martin Kulfas, and the Secretary of Energy, Dario Martinez. Both Guzmán and Kulfas are today in the eye of the storm because the ruling party took the economic issue as a central part of the defeat in the elections.

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The claim comes mainly from the Kirchnerism sector, which before September 12 had made public its differences with some of Guzmán’s measures.

In addition to those named, the governors of different provinces will participate, including Buenos Aires, Axel Kicillof; from Chubut, Mariano Arcioni; by Rio Negro, Arabela Racing; of Neuquén, Omar Gutiérrez; from Santa Cruz, Alicia Kirchner; from Tierra del Fuego, Gustavo Melella; from Salta, Gustavo Saenz; from Mendoza, Rodolfo Suarez; from La Pampa, Sergio Ziliotto; from Formosa, Gildo Insfran; and from Jujuy, Gerardo Morales.

The project

With the promise of raising it to Congress, Alberto Fernández will carry out an act with a wide audience of all hydrocarbon sectors.

“We are very satisfied because the consultation and participation work carried out, preparing the text, has come to an end, and we already have a bill to drive the activity,” said Darío Martínez.

The scheme proposes the incentive based on guaranteed export authorizations and the availability of foreign currency for initiatives carried out in different basins that allow an increase in oil and gas production.

To carry out the project, it is proposed to create a general investment promotion regime with a validity of 20 years aimed at activities of exploration, production, industrialization and transportation of oil and natural gas, as well as energy infrastructure works and provision of services, Telam reported.

GI/FL

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