Fernandez takes centre stage in Argentina
Vaca Muerta shale risks getting stuck in the middle of the new Argentinian president’s political balancing act
Alberto Fernandez plans to rely on development of the Vaca Muerta shale deposits as an engine to boost Argentinian economic growth and prosperity after a decisive victory in the country’s late October presidential election. However, the Vaca Muerta's development will not occur in a vacuum, but within a country immersed in a deep economic crisis. Argentina will end 2019 with an annual GDP decline of 3pc, an annual inflation rate of 55pc, and with 35pc of Argentines living in poverty. The country also has an unsustainable debt burden with more than $50bn due in 2020 alone. And Fernandez will have to balance policies that promote Vaca Muerta development—no price or currency controls, market o
Also in this section
11 February 2026
Panellists from three LNG buyers at LNG2026 in Doha outlined their evolving procurement strategies as they navigate heightened market volatility
11 February 2026
North African producer plans to boost output by early 2030, with Europe its number one priority as export destination
11 February 2026
Maritime leaders at LNG2026 warned of the dangers of over-regulation on competitiveness, sustainability and innovation
10 February 2026
The country has opened bidding on 50 blocks in a new licensing round but will face competition for attention and will need to address concerns about security and legislation
