• 5 minutes Oil prices forecast
  • 8 minutes Nuclear Power Can Be Green – But At A Price
  • 11 minutes Projection Of Experts: Oil Prices Expected To Stay Anchored Around $65-70 Through 2023
  • 16 minutes Europe Slipping into Recession?
  • 51 mins *Happy Dance* ... U.S. Shale Oil Slowdown
  • 8 hours Socialists want to exorcise the O&G demon by 2030
  • 5 hours Emissions from wear of brakes and tyres likely to be higher in supposedly clean vehicles, experts warn
  • 6 hours UK, Stay in EU, Says Tusk
  • 1 day Germany: Russia Can Save INF If It Stops Violating The Treaty
  • 2 days Connection Between Climate Rules And German's No-Limit Autobahns? Strange, But It Exists
  • 2 days Conspiracy - Theory versus Reality
  • 7 hours How Is Greenland Dealing With Climate Change?
  • 2 days Chevron to Boost Spend on Quick-Return Projects
  • 1 day Maritime Act of 2020 and pending carbon tax effects
  • 2 days U.S. Treasury Secretary Mnuchin Weighs Lifting Tariffs On China
  • 2 days Regular Gas dropped to $2.21 per gallon today

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