Argentina on the brink of an energy ‘golden age.’ Can it become a global player?
Hydrocarbon production in Argentina began in 1922 with the creation of Yacimientos Petrolíferos Fiscales (in Spanish, YPF), the world’s first state-owned oil company. More than a 100 years later, the country’s energy sector is primed to enter its best era ever. “Fifteen years ago, Argentina was a country with oil, and there was not even a possibility that Argentina would be an oil-producing country,” Daniel Dreizzen, head of consulting firm Aleph Energy, told the Herald . Vaca Muerta, he added, open up that possibility. “Argentina is on its way to becoming an oil-producing country because it…