Argentina could overtake Guyana in South American oil race
Argentina may challenge Guyana for a top position among petroleum producers in South America. New estimates suggest Argentina could become the region's third-largest liquids producer by 2028. A investment plan of 13.8 billion US dollars from Chevron is part of this growth. The country is targeting faster production growth.
…Chevron’s US$13.8B investment plan highlights growing competition as Argentina targets faster production growth (Kaieteur News) – Argentina’s accelerating oil production could challenge Guyana’s position among South America’s leading petroleum producers, with new estimates suggesting the South American nation could overtake Guyana to become the region’s third-largest liquids producer by 2028. The projection, reported by Reuters on […] The post Argentina could overtake Guyana in South American oil race appeared first on Kaieteur News .