• 4 minutes Phase One trade deal, for China it is all about technology war
  • 7 minutes IRAN / USA
  • 11 minutes Shale Oil Fiasco
  • 16 minutes Swedes Think Climate Policy Worst Waste of Taxpayers' Money in 2019
  • 12 hours Indonesia Stands Up to China. Will Japan Help?
  • 31 mins We're freezing! Isn't it great? The carbon tax must be working!
  • 24 hours Beijing Must Face Reality That Taiwan is Independent
  • 3 hours Three oil pipeline projects inch toward goal-line for Canada
  • 5 mins Trump capitulated
  • 8 hours The Libyan Oil in a Sea of Chaos, War and Disruptions
  • 1 day Gravity is a scam!
  • 1 hour Yet another Petroteq debt for equity deal
  • 1 day Trump has changed into a World Leader
  • 11 hours OIL & GAS LOSSES! Schlumberger Posts $10B Loss in 2019
  • 15 hours Prototype Haliade X 12MW turbine starts operating in Rotterdam
  • 1 day China's Economy and Subsequent Energy Demand To Decelerate Sharply Through 2024
  • 21 hours US Shale: Technology
  • 22 hours Iranian government can do everything to avoid attacking American people.
Why Gas Prices Aren’t Soaring On Iranian Conflict

Why Gas Prices Aren’t Soaring On Iranian Conflict

While tensions may be escalating…

OPEC Raises 2020 Global Oil Demand Growth Estimate

OPEC Raises 2020 Global Oil Demand Growth Estimate

Healthier global economic growth in…

Uruguay Upset with Argentinean Energy Policy

The Uruguayan government is upset with the administration of Argentinean President Cristina Fernandez because it has delayed authorization for Paraguayan electricity to transit Argentinean territory to energy-poor Uruguay.

Montevideo will continue to press to obtain the authorization, but pragmatists in the Uruguayan government have admitted off the record that it does not expect permission to be granted during the southern hemisphere’s winter season because of current high levels of energy consumption.

Speaking on condition of anonymity a Uruguayan government official labeled Argentina’s actions as an unjustified "blockade" without a legal basis, Montevideo’s El Observador reported.

Uruguayan analysts speculate that the dispute was one of the main reasons why President Fernandez did not attend the recent Mercosur summit held in Paraguay, but the Argentinean Planning Ministry denied it.

Uruguay’s El Observador reports that Uruguay currently has no energy "deficit" and therefore does not depend on energy imports to meet its domestic electricity demand and that Uruguay will not file a complaint with Mercosur's tribunal for the settlement of controversies, as there are currently no Mercosur regulations that relate to the impasse. Seeking to diversify its energy options, Uruguay’s state owned power company UTE has recently been discussing partnering with Brazil’s Eletrobras over jointly investing in wind farms in the region.

By. Charles Kennedy, Deputy Editor OilPrice.com



Join the discussion | Back to homepage


Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News