Argentina creates special foreign exchange regime to attract energy investments

On May 24, the Argentine government announced the creation of a special regime of access to foreign currency for hydrocarbon producing companies to boost investments in the oil and gas sector.

RIO DE JANEIRO, BRAZIL - "We have everything that the world demands today in energy matters", said Argentine President Alberto Fernández, in a ceremony he headed at the Executive's headquarters, in which he announced the creation of a special regime of access to foreign currency for hydrocarbon producing companies.

On May 24, the Argentine government announced the creation of a special regime of access to foreign currency for hydrocarbon producing companies to boost investments in the oil and gas sector.

The measure, implemented through a decree, will allow access to foreign currency in the foreign exchange market to companies . . .

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