IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

Yes

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 04 Oct 2013 | Removal date: 31 Dec 2017
Still in force

Production subsidy

The Program for the Overinjection of Natural Gas ("Programa para la Inyección Excedente de Gas Natural" in Spanish) launched by the Argentinian Government focusses on subsidising local Natural Gas production to increase national production and reduce imports. The plan establishes that producers will receive 7.5 USD per BTU million produced above the theoretical gas volume that a firm should produce to make the investment cost-efficient. Applications to participate in the program had to be submitted by 4 October 2013.

This subsidy terminates on December 31, 2017.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

120 Crude petroleum & natural gas
2711 Petroleum gases and other gaseous hydrocarbons.
271111 Natural gas
271121 Natural gas
334 Petroleum gases & other gaseous hydrocarbons, except natural gas
2711 Petroleum gases and other gaseous hydrocarbons.
271112 Propane

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