Buenos Aires—A tumble in international oil prices Monday may lead oil companies in Argentina to consider sidelining investment plans in the Vaca Muerta shale play, leading to expectations of slower production growth or a decline, experts said. “It really depends on the duration of the price decline,” said Gerardo Rabinovich, vice president of the Argentine Energy Institute, a think tank. “If oil prices don’t recover in one or two months, this will lead companies to delay or call off investment projects in Vaca Muerta.”
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