SUBSCRIBE
PROFILE

Argentina restricts industrial gas amid historic cold snap

Facing the lowest temperatures recorded in 30 years, the Argentine government announces reductions in natural gas supply to industries to meet the exceptional rise in residential energy demand across the country.

Share:

Gain full professional access to energynews.pro from 4.90$/month.
Designed for decision-makers, with no long-term commitment.

Over 30,000 articles published since 2021.
150 new market analyses every week to decode global energy trends.

Monthly Digital PRO PASS

Immediate Access
4.90$/month*

No commitment – cancel anytime, activation in 2 minutes.

START NOW — 4.90$/month

*Special launch offer: 1st month at the indicated price, then 14.90 $/month, no long-term commitment.

Annual Digital PRO Pass

Full Annual Access
99$/year*

To access all of energynews.pro without any limits

SUBSCRIBE — 99$/year

*Introductory annual price for year one, automatically renewed at 149.00 $/year from the second year.

Sign up for free to unlock this article

Argentina has decided to limit natural gas deliveries to industrial sectors due to record demand caused by an exceptional cold wave, announced the Argentine Energy Secretariat.

Unprecedented gas demand

Natural gas consumption in Argentina is expected to rise by 25% compared to the same period last year, according to the Ente Nacional Regulador del Gas (Enargas, National Gas Regulatory Entity). This significant increase primarily comes from the residential sector, which is using more natural gas to meet increased heating needs during this cold period. Consequently, contracts related to compressed natural gas (CNG), as well as supplies intended for certain industries, must be temporarily suspended, according to the Argentine institution.

The current cold wave is the most severe in three decades, according to Argentina’s Energy Secretariat. This weather context is also affecting other countries in the region, such as Uruguay and Chile, where some areas are experiencing unusual snowfall. This exceptional climatic situation has prompted the Argentine government to take emergency measures prioritizing residential energy supplies.

Reduction in energy subsidies

According to the government of President Javier Milei, the lack of investments in energy infrastructure in previous years is one of the primary reasons for the current situation. The Milei administration recently implemented a policy significantly reducing energy subsidies as part of a broader strategy to decrease public spending. These budget cuts occur in a delicate economic context for Argentina, faced with high inflation and structural budgetary difficulties.

The current situation presents a significant challenge for Argentina’s industrial sector, which heavily depends on natural gas for its production processes. Affected companies must now adjust their operations to these temporary reductions in energy supply, awaiting improvements in the climatic and energy situation in the country. Currently, no official details have been provided regarding the exact duration of the restrictions imposed on industries.

  • Popular on energynews.pro
Veolia and TotalEnergies sign agreement to optimise industrial resources
Ukrainian strike cuts power to 5,400 homes in Belgorod region
Hydrogen Valleys: the Clean Hydrogen Partnership selects 36 European applications
Nagano commissions 1.5MW hydro plant and secures deal with Seiko Epson
Indian regulator opens proceedings over solar firms’ losses linked to transmission delays
Eni resumes offshore drilling in Libya after five-year suspension
Eni North Africa restarts drilling operations on well C1-16/4 off the Libyan coast, suspended since 2020, aiming to complete exploration near the Bahr Es Salam gas field.
GOIL commits $50mn to expand LPG storage capacity in Ghana
GOIL is investing $50mn to expand its LPG storage capacity in response to sustained demand growth and to improve national supply security.
QatarEnergy acquires 27% stake in Egypt’s offshore North Cleopatra block
QatarEnergy continues its international expansion by acquiring 27% of the offshore North Cleopatra block from Shell, amid Egypt’s strategic push to revive gas exploration in the Eastern Mediterranean.
Wood Mackenzie: the UK can double North Sea reserves without breaching climate limits
An analysis by Wood Mackenzie shows that expanding UK oil and gas production would reduce costs and emissions while remaining within international climate targets.
Ukrainian suspected in Nord Stream sabotage faces possible extradition
Polish authorities have 40 days to decide on the extradition of a Ukrainian accused of participating in the 2022 sabotage of the Nord Stream pipelines in the Baltic Sea.
Shizuoka Gas closes tender for seven-year LNG contract starting 2027
The Japanese company has completed the first phase of a tender for five annual cargoes of liquefied natural gas over seven years starting in April 2027, amid a gradual contractual renewal process.
Baker Hughes to supply key liquefaction equipment for Port Arthur LNG Phase 2
Baker Hughes has secured a contract from Bechtel to provide gas turbines and compressors for the second phase of Sempra Infrastructure’s LNG export project in Texas.
Targa invests $1.6bn in NGL pipeline between Permian and Mont Belvieu
Targa Resources will build a 500,000 barrels-per-day pipeline in the Permian Basin to connect its assets to Mont Belvieu, strengthening its logistics network with commissioning scheduled for the third quarter of 2027.
J&F Investimentos targets EDF’s thermal plant amid Brazil’s booming energy M&A
Brazilian holding J&F Investimentos is in talks to acquire EDF’s Norte Fluminense thermal plant, valued up to BRL2bn ($374 million), as energy-related M&A activity surges across the country.
Chevron puts Colorado pipeline assets up for sale for more than $2 billion
Chevron has appointed Bank of America to manage the sale of pipeline infrastructure in the Denver-Julesburg basin, targeting a valuation of over $2 billion, according to sources familiar with the matter.
Hungary secures 10-year LNG contract with Engie through 2038
Hungary has signed a ten-year agreement with Engie for the annual import of 400 mn m³ of liquefied natural gas starting in 2028, reinforcing its energy diversification strategy despite its ongoing reliance on Russian gas.
Ukrainian suspected in Nord Stream sabotage held in Poland
Wanted by Germany for his alleged role in the 2022 sabotage of the Nord Stream pipelines, a Ukrainian has been arrested in Poland and placed in provisional detention pending possible extradition.
Russia strikes 95 targets and severely damages Ukrainian gas sites
An unprecedented overnight offensive targeted gas infrastructure in Ukraine, damaging several key facilities in the Kharkiv and Poltava regions, according to Ukrainian authorities.
Fluxys declares force majeure at Dunkirk, disrupting LNG deliveries
The Dunkirk LNG terminal, the second largest in continental Europe, is seeing reduced capacity due to a nationwide strike disrupting all French LNG infrastructure.
Russia targets 56 mn tonnes of LNG annually by 2027 despite 2024 decline
Russia’s liquefied natural gas output will increase steadily through 2027 under the national energy development plan, despite a 6% drop recorded in the first eight months of 2024.
QatarEnergy seals major helium export deal with Germany’s Messer
QatarEnergy has signed a long-term contract with Messer to supply 100 million cubic feet of helium per year, strengthening Doha’s position as a key player in this strategic market.
KKR strengthens Middle East presence with stake in ADNOC gas pipelines
US-based fund KKR has acquired a minority interest in the gas pipeline assets of Abu Dhabi oil operator ADNOC, continuing its strategy to expand energy infrastructure investments in the Middle East.
Shell starts production at Victory gas field in the North Sea
Shell UK has started production at the Victory field north of Shetland, integrating its volumes into the national gas network through existing infrastructure to strengthen UK supply.
Exxon requests security guarantees for Mozambique gas project
Exxon is seeking direct support from the Mozambican government to secure its Rovuma LNG project, as Islamist violence continues to hinder investment in the country’s north.
Chevron invests $690 million to revive offshore gas in Equatorial Guinea
Chevron has signed a $690 million agreement with Equatorial Guinea to develop gas from the Aseng field, amid a long-term decline in national oil production and a search for new economic drivers.