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Argentina's Competition Authority Opens Gas Market Probe After Santa Fe Complaint

Officials say current wholesale formulas still mirror an outdated transport mix despite the reversal of the Northern Gas Pipeline.

Overview

  • The Tribunal for the Defense of Competition launched a market investigation into gas distribution and commercialization following Santa Fe’s filing.
  • No tariff changes have been enacted, though the probe could lead to up to a 40% cut for more than 400 industrial users in the province, with Santa Fe estimating as much as 60% under an updated methodology.
  • Enargas says distributors signed contracts based on legacy flow assumptions and urges the Energy Secretariat to review and redesign the scheme during a transition period.
  • Santa Fe officials report that most supply now comes from Neuquén’s Vaca Muerta at wellhead prices up to three times lower than Bolivian gas, yet wholesale pricing still reflects an outdated mix.
  • Enerfe’s Rodolfo Giacosa calls for charges to reflect the actual origin of gas and to end billing for unused transport, anticipating contract realignments for large users and marketers.