By : Franyi Sarmiento, Ph.D., Inspenet, September 26, 2022
The Fénix project began with the construction of a platform to produce gas in the Austral Basin, which will arrive in Argentina at the end of 2023 and will be operated by the French oil company TotalEnergies for fifteen years in the Argentine sea, off the coast of Tierra del Fire.
[post_relacionado]The director for the Southern Cone of Total Energies, Javier Rielo, explained during an interview with Télam the investment decision process announced this week by the consortium that the French company integrates with the German company Wintersahll and the Argentine Pan American Energy.
The scope of the benefits of the ‘Gas.Ar Plan’ for offshore projects and the incentives for hydrocarbon production were the reasons that ended up deciding the disbursement of USD700 million for the development of the project that is added to the existing ones and that contribute in about 16 million m3 /day.
Fénix is part of the Cuenca Marina Austral-1 (CMA-1) concession, an offshore gas project that is located 60 kilometers from the coast in the southern Argentine sea and that, as of its entry into operations at the beginning of 2025 , will deliver some 10 million cubic meters of natural gas per day to the system.
This material from the petrolnews.com portal has been edited for clarity, style and length.
Source: https://www.petrolnews.net/noticia.php?r=43187
Photo: ShutterStock
Don’t miss the Inspenet News at: https://inspenet.com/inspenet-tv/