Argentina gas spending

摘要

France’s Total and Germany’s Wintershall will each invest a combined US $2.1 Bn in Argentina over the next five years to increase gas output. Total will invest $1.1 Bn, while Wintershall will invest $1 Bn in projects that will increase the country’s annual gas output by 3.1% between 2013 and 2017, according to a government statement. Increased production from the investment is expected to total 423.6 MMcf/d (12 MMcm/d).