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Although management Axel Kisilov Facing unprecedented setbacks After a juicy investment in Bahia Blanca went wrongWhen questioning the governor, he mentioned many issues related to the country’s ruling party, especially Emphasizes its rejection of the Large Investment Incentive System (RIGI). Although the president Javier Miley He did not have a specific message for opposition leaders, but he is active on social networks. Forwarded an explosive message It reads: “Kisilov and his policy against promoting investment scared away the project.” In view of this, the governor will hold a meeting on the morning of Wednesday, July 31 to explain his position on the YPF’s rejection.
Several leaders from the province of Buenos Aires gathered around PRO and La Libertad Avanza, They caused harm to Kichilov Buenos Aires province lost its fight with Rio Negro to install the LNG plant, which will spur The investment amount is approximately US$30 billion.
The liberal senator for the province of Buenos Aires published a post highlighting the impact of the million-dollar loss in Bahia Blanca, while They urged the governor to comply St. Regis.
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“We have requested to join the national RIGI and, together with senators from other neighborhoods, have developed a special system of incentives for residents of Buenos Aires (RIMBO),” they said in their official liberal account.
“We will continue to insist that the Province of Buenos Aires join the National RIGIRIMBO and any instrument to attract investments for the benefit of all Buenos Aires residents,” they added.
Millet was also active online and mentioned the case that rocked the province of Buenos Aires, although he did not write the messages himself but instead retweeted messages from accounts linked to the ruling party.
One of the retweets belonged to a libertarian account called “Old Liberal.” It contained the following message: “Kisilov and his policy against promoting investment scared off the project”.
Another liberal leader, Buenos Aires Vice President Nahuel Soteloarguing that the province “is losing the biggest investment in its history” due to Kichilov’s “bad management.”
Official legislators also expressed the same direction Augustin Romoreferring to what he called the governor’s “ideological whim” for not joining RIGI. “Because of your ideological whim of not joining RIGI, the province of Buenos Aires missed out on a multimillion-dollar investment that would have created thousands of jobs,” he said.
February 3rd Buenos Aires Party Mayor, Diego ValenzuelaA “blow” was also made to Kisilov for losing this key investment: “An investment that was originally intended to be made on our territory failed due to the lack of sufficient conditions and political commitment of Governor Kisilov.”
Soledad MartinezThe mayor in charge, Vicente López, had a brief but explosive message for the governor: “Thanks to Kisilof, the people of Buenos Aires are becoming poorer.”
also, Diego Santilli and Fernando Iglesias They are other leaders close to the ruling party who spoke on the issue.
In keeping with the president’s aggressive style, Santilli on Kisilov’s “another piece of nonsense” And lamented: “We, the residents of Buenos Aires, have lost $30 billion in historic investments.”
Fernando Iglesias was not to be outdone, concluding by saying: “Shame on this Kisilof boy.”
Axel Kisilov will hold a meeting this Wednesday
Governor of the Province of Buenos Aires, Axel Kisilovwill be available on Wednesday, July 31 at 8:30 a.m. Press conference on YPF decision Installation of a liquefied natural gas plant in Rio Negro province.
The meeting will be live streamed through the Buenos Aires Provincial Government’s YouTube channel and satellite parameters.
The President will explain his stance after the public attention paid to the Malaysian oil companies YPF and Petronas. Implementation of the “GNL Argentina” project in the Rio Negro region To develop liquefied natural gas (LNG) to process, transport and liquefy natural gas discharged from Vaca Muerta.
With the development and activation of infrastructure in Bahia Blanca, the province of Buenos Aires is missing out on “the largest investment in its history”, totaling at least $30 billion.
The visit gave hope to Buenos Aires authorities
The efforts of Federico Susbielles, leader of the Peronist community of Puerto Blanca, in a meeting with the president of YPF, culminated in a message to the president of Buenos Aires. “We spent an important day with the president of YPF, Horacio Marín, and his team, with whom we discussed various aspects of the possible development of the YPF Petronas LNG export project and highlighted the advantages of the development of our port,” he posted in the Baines
“If established in Bahia Blanca, the scheme will be competitive in terms of rates and taxes, with standards comparable to those of the most relevant ports in the world. Our city has advantages that distinguish it from other options in the country, the head of the community then added, with their “documented quality of human resources, service companies, universities, scientific research institutions and social and environmental licenses specialized in liquefaction and regasification”.
Rio Negro Adhesion, the decisive factor
instead, Alberto VeretinekThe Governor of Rio Negro expressed his unconditional support for RIGI, moved his political machinery so that the provincial legislature and the different municipalities would also accept it, and promised a wide range of tax exemptions – gross income, stamp duties, fees and others -, Kisilov just doubled down on LNG lawby 2023, penalties for lawmakers will be halved and will be much more lenient than the incentive system in the Basic Law.
Finally, the plant will be located in the Punta Colorada areaLocated in the town of Rio Negro, in the Serra Grande, an old abandoned port with access to the Atlantic Ocean will also be enhanced and modernized.
After a study commissioned by an international consulting firm Arthur D. Little In order to evaluate the technical and economic conditions of the two sites, The final choice was to install the plant in Rio Negro, rather than the initial proposal to build it in Bahia Blanca, Buenos Aires province..
Many analysts agree that St. Regis It was one of the decisive factors that tipped the scales in favor of Rio Negro.
The companies involved are particularly focused on expanding jurisdiction so that any legal disputes are resolved in the US courts of New York or the World Bank’s International Centre for Settlement of Investment Disputes (ICSID), rather than in Argentina.
Communication/ED
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