Néstor Kirchner gas pipeline: 6,000 jobs would be created and the first section would be ready in a year

Vaca Muerta 30 de mayo de 2022
The director of the Investment and Foreign Trade Bank, María de los Ángeles Sacnun, detailed the doors that the construction of the gas pipeline opens in terms of energy.
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The director of the Investment and Foreign Trade Bank, María de los Ángeles Sacnun, detailed the doors that the construction of the gas pipeline opens in terms of energy.

One of the directors of the Investment and Foreign Trade Bank (BICE), María de los Ángeles Sacnun, highlighted the agreement between that organization and the public company Energía Argentina to form the trust that will administer the Argentine Gas Fund, which, in turn, will have in charge of part of the construction of the Néstor Kirchner gas pipeline in Vaca Muerta.

The construction of the gas pipeline was announced weeks ago by President Alberto Fernández during a trip to Vaca Muerta and a few days ago the trust was finally formed to manage the assets of the project that would allow Argentina to have a gas supply for the next few years and achieve a sharp reduction in imports.

Speaking to AM750, Sacnun valued that she will allow "to resume an energy project at the service of national development." "It seems easy, but the truth is that it translates into a political, economic and social model for the recovery of industry and employment."


The director of BICE also announced that it will allow substituting imports for more than 1,000 million dollars per year. "The recovery is achieved in just one year, with the first section," she indicated Sacnun. In the first stage, the pipeline will link Neuquén with the city of Saliqueló. "The entire bidding process is already underway," she said.

Sacnun said that "next winter the first section could be ready." "There is a decision that this project advance quickly," she said, while indicating that "there could be a reduction in costs that will make companies much more competitive." In this regard, she stressed that the multiplier effect will be greater because "it impacts the energy trade balance, regional development and job creation."

As she highlighted, around 6,000 jobs could be created between direct and indirect generation. "The work has to be underway from June, it was paralyzed during the macrismo, it has to do with economic models, they highlighted that gas was exported, but it was because consumption in homes and industries had collapsed," recalled the former deputy .

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