After 10 years of tough fiscal terms for Argentina’s oil and gas industry, recent amendments indicate that the country’s investment climate may well start improving, says a new report. However, a number of challenges are expected to continue hindering investment activity at least until the 2015 election, according to consultants GlobalData. The report said that the most significant change to Argentina’s fiscal regime is the incentives offered in July 2013 for US $1 Bn fiveyear investment plans.
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