Overview
- Decree 49/2026 prolongs the national emergency for gas transport and distribution until December 31, 2027, citing pipeline constraints that will not ease before winter 2027.
- A maximum domestic price is set for regasified imported LNG based on an international marker plus a dollar-per-MMBTU add-on for shipping, regasification, storage, marketing and pipeline delivery to Los Cardales.
- The Energy Secretariat will run a competitive tender to assign regasification capacity at the Escobar terminal so private operators can import, regasify and sell LNG.
- ENARSA steps back from importing and commercializing LNG but remains a temporary backstop if the tender fails, according to the decree.
- A separate decree formalizes the SEF subsidy redesign that applies a single annual gas price (PAU) to flatten seasonal bills, classifies households as subsidized or not, and is reported to trim energy subsidies to about 0.5% of GDP.