Argentinian crisis puts shale in limbo

Election winner faces a surfeit of problems capitalising on Vaca Muerta potential

Argentina is heading towards a general election on 27 October with near certainty that the reins of power will return to a Peronist government—headed by a partnership between presidential frontrunner Alberto Fernandez and former president Cristina Kirchner. Sitting president Mauricio Macri's hopes of extending his tenure for another four years were dealt a severe blow by the national primary, which qualifies candidates for the October poll. A lack of confidence in the government's ability to restore economic stability saw Macri record just 32.1pc of the vote compared with 47.7pc for Fernandez, which would almost certainly be enough to win the election outright. Investors are concerned that F