Energy Magazine August 2018 | Page 133

Operates and maintains more than 9,100 km of gas pipelines ( more than 6,800 km of its own and 2,300 km of third-party pipelines ) and 20 compressor plants with 375,620 HP
Has the exclusive right to operate the two existing gas pipeline systems in the North and Central-West regions of Argentina
ENERGY

TGN

Operates and maintains more than 9,100 km of gas pipelines ( more than 6,800 km of its own and 2,300 km of third-party pipelines ) and 20 compressor plants with 375,620 HP

Has the exclusive right to operate the two existing gas pipeline systems in the North and Central-West regions of Argentina

“ We operate a system of 9,100 kilometres and 20 compressor plants , which clearly requires very strong investments in terms of maintenance , optimisation and modernisation .
“ The plan of committed investments has to do mainly with works related to the integrity of the transportation system and the modernisation of compressor plants and control systems . Outside of the plan committed to the Government , we are in the process of studying different alternatives to expand our transportation system .”
133 industry ) and finally , from 2016 onwards , a stage of recovery , investment and development based on the strategies of the new government .
Immersed in this new stage , the company is working on a significant investment plan for all its infrastructure to adapt to the changes to come .
Ridelener explains this change : “ The current government faced a comprehensive tariff review process which took effect at the end of March 2017 . We signed an agreement with the government where we made the commitment to carry out an investment plan that , in general terms , is in the order of $ 100mn per year .”
THE VACA MUERTA GAS AND OIL FIELD
Vaca Muerta , located in the Neuquén basin ( 150 kilometres from the city of Neuquén ), is one of the largest unconventional oil and gas deposits in the world , with proven reserves are estimated at 22,500 million BEP ( Equivalent Petroleum Barrel ).
In the short term , an approximate investment of $ 2,5 bn per year is expected by oil companies to extract gas , in a 35-year investment plan .
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