The Governance of Shale Gas in Argentina
Article from: OGEL 3 (2014), in Unconventional Oil and Gas
Abstract
Governance of the natural gas sector in Argentina is at an incipient stage. The oil and gas sector developed under a centralized management structure in which a relatively insulated government imposed policy on the sector. That structure is well-developed, even if unstable and characterized by lack of credibility. The traditional unilateral government control of the sector is not appropriate for creating a favorable investment climate for the high cost, high risk investments required in shale gas or for managing the protests by civil society actors that have erupted against fracking. But ...