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Figueroa Sends Road Financing Agreement for Vaca Muerta to Legislature

By Comunicaciones Mineras
Figueroa Sends Road Financing Agreement for Vaca Muerta to Legislature
Figueroa envió a la Legislatura el acuerdo de prefinanciación de rutas con petroleras de Vaca Muerta.

Neuquén Governor Rolando Figueroa submitted on Monday to the provincial Legislature the agreement signed with oil companies to advance pre-financing of roads in the Vaca Muerta area.

The agreement provides for the participation of companies operating in the unconventional formation, although available information does not detail individual amounts committed by each firm.

The initiative seeks to support road infrastructure works associated with hydrocarbon activity and production growth in the province.

Legislative review of the agreement will allow formalizing the financing scheme and establishing mechanisms for executing the planned works.