MEGSA-CAMMESA: 22.6 MMm3/day for June. PPP of 3.46 and 4.35 dollars

MEGSA-CAMMESA: 22.6 MMm3/day for June. PPP of 3.46 and 4.35 dollars
MEGSA-CAMMESA: 22.6 MMm3/day for June. PPP of 3.46 and 4.35 dollars

The Electronic Gas Market (MEGSA) carried out two auctions, requested by CAMMESA:

. The usual monthly auction, now for the interruptible supply of natural gas to generators in June 2024, in which Producers and Marketers in general could participate.

. And a price competition for the interruptible supply of natural gas for the same month in which offers were received exclusively from those Producers who, having been awarded the Gas.Ar Plan, have additional volumes. Each Producer could only bid in the same basins in which it was awarded in the PG, without exceeding the price obtained in the PG for each basin for the winter period.

In the first of these auctions, 8 offers were received for a total volume of 3,900,000 cubic meters per day, at Weighted Average Prices of US$ 3.15 per Million BTU in the case of PIST gas, and US$ 3 .46 per MBTU for the gas placed in the GBA (in this case the prices ranged between $3.06 and $3.69 per MBTU).

The offers were from producers in Neuquén, Noroeste, Tierra del Fuego, Santa Cruz and Chubut.

In the second auction, 12 offers were registered for a total volume of 18,700,000 M3/Day, at a weighted average price of US$ 4.35 per MBTU. Prices ranged from US$4.11 to US$4.57 per MBTU.

Offers came from Neuquén (7) for a volume of 9.5 MMm3/day, Tierra del Fuego (3) for a volume of 6 MMm3/day, Santa Cruz (1) for 1.2 MMm3/day, and Chubut ( 1) for 2.0 MMm3/day.

 
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