War Turns Argentina's Shale Boom Dream Into Gas-Buying Nightmare
The nation that was once a gas exporter and aspired to become a shale powerhouse will struggle to compete with other avid LNG buyers in the wake of Russia's invasion of Ukraine.
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Argentina, home to some of the world’s vastest gas reserves, is bracing for the unthinkable: rationing one of its chief natural resources.
Despite having shale-gas deposits to rival those in Appalachia, which made the U.S. a major exporter, Argentina’s gas industry has suffered from years of underinvestment that’s left it unable to meet domestic demand, never mind the needs of overseas markets.