RIO DE JANEIRO, BRAZIL - The former Enarsa (now Integración Energética Argentina, IEASA) signed an export contract with Brazilian thermal power plant Ambar Uruguaiana Energía for nearly 57 million cubic meters at US$43.80 per million BTU, a final cost of US$92 million, according to the Energy Secretariat.
The extraordinary thing is that Argentine consumers and power generators pay an average of US$2.87 for gas at this time of year, thanks to the contractual commitment of demand on fixed terms and in the medium term (4 years) under the Gas Plan.
Read also:
To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed? Login Here