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“We are facing a potential bomb, the biggest challenge is to find an agreement”, say the CEOs of the energy companies

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Juan Martin Bulgheroni (Pan American Energy), Guillermo Calo (Rio Tinto), Matías Campodónico (Dow) and Martín Genesio (AES) at the Council of Americas, in Buenos Aires.

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Dialogue, consensus, agreement, sectoral tables. In several ways, CEOs of major energy companies, who attended the Council of Americas on Thursday, pointed to the same thing. summarized thus Martin Genesionumber one in the United States AESdedicated to electricity generation: “We are faced with a potential bomb. The biggest challenge is to agree. The simplest way to do this is through dialogue, between the political sector, between the public and private sectors “.

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Agree to harness Argentina’s energy potential, at a time when the country has what the world requires most. That concept circulated throughout the speech.

“In Argentina we have resources. Europe wants green energy and Argentina can provide it, and we also have many regions of the world that require energy at a competitive cost, and Argentina, with the gas reserves it has, can also offer it. , “He explained. Giovanni Martin Bulgheroni Pan American Energy Vice President of Upstream Planning and Strategy.

Mining also appears as a sector with strong global demand. William CalloCEO of the lithium Rincon project, Rio Tintocontributed “We have the opportunity to offer critical energy and minerals. As a country we make commitments, It is necessary – as a country – to have clear objectives “.

For his part, Matías Campodónico, president of Dow, set an example for Vaca Muerta. “Today it is a reality and ten years ago it was a goal. There is consensus that this is the way out, It is a window of opportunity, which we must take advantage of

As for the potential, Genesio described: “This country has the world’s second largest reserves of shale gas, the fourth largest oil reserves of shale, sun, wind (for renewable energy) and lithium. We are the number one country in terms of energy potentialeliminating the big energy producers “. The right resources at the right moment in history, he added.” With long-term sectoral policies, Argentina can drastically and profoundly change its production profile “.

Bulgheroni stressed that “in Vaca Muerta has come a long way in consensus. It is important and positive for the predictability it offers to the investments we have to make ”. But he warned of the need to expand the infrastructure to give it a regional boost.

The manager spoke of “Three legs: first, to expand the infrastructure and improve the gas supply with Argentine gas, to improve the trade balance; second, to have more exports e. finally, have liquefied gas projects “.

For Genesio, the same thing should happen with lithium as with Vaca Muerta and renewable energies: that everyone agrees and there is consensus on the possibility of its development for the benefit of the country. “There should be a greater belief than we see today of the need to develop lithium faster,” he said.

One of his proposals to speed up the timing of all necessary projects is set up sectoral dialogue tablesas was done in 2016, which focus on a particular problem, formed by the national government, the provinces, private companies, trade unions and the opposition, for which there are long-term projects.

NEITHER

Source: Clarin

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