The project specifies various general conditions that concessionaire companies must respect when signing extension agreements, such as environmental commitments, prioritization of local labor, investments and activities for the development of hydrocarbon areas, maintenance of facilities and information obligations.
Promote oil investments
This new 10-year term in the link between the operators and the province of Río Negro will seek to maintain and increase the amount of employment, the number of people, women and men who work in gas and oil, Weretilneck assured.
Embed – Weretilneck presented a project to extend the hydrocarbon concessions in Río Negro
“We consider that it is very important that the province advances in the new deadlines because “The new deadlines allow us to have greater investments, resolve environmental issues, but fundamentally for Río Negro to continue increasing its gas and oil production.”indicated the Governor.
A review commission
To supervise compliance with the agreements, a Commission is created that will be made up of representatives of the Executive, legislators, members of the CGT, representatives of the producing municipalities, the Chamber of Petroleum Services of Río Negro and the surface officials.
aib pumping station rio negro.jpg
Río Negro will negotiate the extension of contracts in 21 oil areas.
The initiative also empowers the Executive to implement incentive regimes to promote incremental production and other specific investment projects. These incentives may include reductions in royalties and fees, seeking to promote investment and development of the hydrocarbon sector.
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