Is Argentina Producing Too Much Natural Gas?
Whats about Argentinas neighbors? Don’t they need Natural Gas too?
Argentina is in the midst of an economic and market crisis. Its local currency has lost around 40 percent against the U.S. dollar so far this year. The central bank has raised interest rates to 60 percent to try to stem soaring inflation that is running at over 30 percent. The economy is shrinking and demand is dropping.