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SALLIQUELO, Argentina, July 9 (Reuters) - Argentina inaugurated on Sunday the first stage of a gas pipeline that will carry natural gas from the Vaca Muerta formation in western Argentina to Santa Fe province by way of Buenos Aires province, an essential work to reverse the country's significant energy deficit. It has the second unconventional gas reserves worldwide and the fourth in oil. The completion of the first stage of the gas pipeline, which starts in Neuquen province and reaches Buenos Aires province, adds 11 million cubic meters of gas per day. This will double when the compression plants are installed in Tratayen, in Neuquen province, and in Salliquelo, in Buenos Aires province. "We are no longer going to import gas in ships because we are going to use the gas from our subsoil."
Persons: Vaca Muerta, Sergio Massa, " Massa, Agustin Gerez, Candelaria Grimberg, Eliana Raszewski, Anna, Catherine Brigida, Diane Craft Organizations: Energia Argentina, Thomson Locations: SALLIQUELO, Argentina, Vaca, Santa Fe, Buenos Aires, Belgium, Patagonia, Neuquen province, Tratayen, Salliquelo, San Jeronimo
[1/4] Workers stand next to a drilling rig in Vaca Muerta shale oil and gas drilling, in the Patagonian province of Neuquen, Argentina November 3, 2022. It holds the world's second-largest shale gas reserves and the fourth-largest shale oil deposits. Reuters Graphics'ABOUT TO COLLAPSE'On the ground in the key Vaca Muerta shale town of Anelo the signs of strain are clear. Local and regional demand is not enough," said Ricardo Markous, president of Tecpetrol, which operates the huge Fortin de Piedra field in Vaca Muerta. There are currently around eight active fracking crews in Vaca Muerta compared to nearly 280 in the United States, Rystad said.
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