CEOs Meeting at AOG 2017 Miguel Gutierrez: “Unconventionals are the future, the booming is yet to come”

Martin Cittadini (Enap), Teófilo Lacroze (Shell Argentina) and Jean-Marc Hosanski (Total Austral) participated of the second day of conferences. The closing speech was given by Mr. Miguel Gutiérrez (YPF).

 

Once more, the CEOs Meeting took place on Wednesday, within the scope of Argentina Oil & Gas Expo, the event that gathers the leaders of the main companies in the oil & gas industry and aimed at discussing the challenges of the sector in Argentina.

The most awaited speech was that of Miguel Gutiérrez (President - YPF), who highlighted: “Unconventionals are the future, the bursting is yet to come, but we are near. This must be accompanied by technology advances and logistics development”.

As for the gas issue, he declared: “We must create a strategic project accompanied by a strong regulation, establishing a macro agreement where the rules of the game are well defined and granting export permits”. 

“We ask for free markets for those in the private sector to give their opinion”, he said.

Before, it was Martin Cittadini (Enap - General Manager), who pointed out: “In Argentina, the gas demand is not clear: to achieve predictability, we need to know it. Moreover, there must be regulatory adjustments for gas exports and imports”

For his part, Teófilo Lacroze (President - Shell Argentina), stated: “With regards to the convergence to international prices, we are very positive. Argentina has an enormous advantage with Vaca Muerta, a formation with an absolute capacity to produce oil and gas at competitive prices”.

Jean-Marc Hosanski, Managing Director of Total Austral, declared: “Argentina must have a well-organized market to evaluate investment risks; this is the road we must take to encourage the gas production”.

Yesterday, it was the turn of Mr. Carlos Ormachea (President  & CEO - Tecpetrol), Horacio Turri (E&P Executive Director - Pampa Energía) and Germán Macchi (Country Manager - Pluspetrol)

At the end of the Exhibition, on Thursday 28, the panel will be formed by: Daniel De Nigris (General Manager - ExxonMobil Exploration Argentina), Gustavo Albrecht (Managing Director - Wintershall Energía) and Richard Spies (CEO - Pan American Energy).

Argentina Oil & Gas Expo 2017 is organized by IAPG and carried out and commercialized together with Messe Frankfurt Argentina. The eleventh Edition of the show takes place between September 25th and 28 th, 2017 at La Rural Trade Center in Buenos Aires