Argentina to launch second stage of big pipeline project

August 11, 2022 | Charles Newbery

Financing for the $3.4 bln project is guaranteed, economy minister says

Economy & Policy Project & Infrastructure Finance Gas Pipelines Argentina

Argentine Economy Minister Sergio Massa said Wednesday that an auction for the second stage of a natural gas pipeline project will be launched over the next month, adding that financing has been lined up for the $3.4 billion plan that will help reduce costly energy imports and eventually allow the country to increase exports. "The state guarantees that it has the funds to sustain this project," Massa said at a ceremony for awarding the contracts for the first stage of the pipeline in Salliqueló,