From The Rio Times · Contributing Reporter · · 1m 10s
Argentina Formalises US$3.2B Gas Export Plan
Argentina's Economy Ministry approves two gas projects for US$3.24 billion in exports by 2030.
In brief
Argentina's Economy Ministry approves two gas projects for US$3.24 billion in exports by 2030. Argentina's Economy Ministry formally admits two gas projects to its RIGI incentive regime, totaling US$3.24 billion for propane and butane exports starting in 2030. Originally reported by The Rio Times.
Key Decision
Argentina's Economy Ministry formally admitted two gas-liquids projects to its RIGI incentive regime on Thursday 12 November 2026.
Total Investment
The projects total about us$3.24 billion in eligible assets, split us$1.85 billion and us$1.39 billion.
Project Details
MGS builds a 577 km pipeline and processing plant to send propane and butane abroad.
Timeline
Construction began in May 2026, with start-up planned for Friday 1 February 2030.
RIGI Regime
The RIGI provides long-term tax and legal stability for approved projects.
Project Companies
Midstream de Gas del Sur (MGS) and Procesadora de Gas del Sur (PGS) apply for RIGI approval.
Investment Schedule
MGS commits us$499 million in first year, us$607 million in second year.
Market Impact
The plan ties part of Argentina's gas income to world propane and butane prices.
The bottom line
Argentina's Economy Ministry formally admits two gas projects to its RIGI incentive regime, totaling US$3.24 billion for propane and butane exports starting in 2030.
