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Metrogas license extended to 2047 in Argentina
The Argentine government has signed an agreement to extend Metrogas's gas distribution license for 20 years, moving the expiration date from 2027 to 2047. As part of the agreement, Metrogas is required to invest US$ 186.8 million in gas infrastructure over the next 10 years. The extension also requires the company and its controllers to withdraw all existing legal claims against the State. This regulatory certainty is expected to facilitate YPF's planned sale of its 70% stake in Metrogas to the Edenor group.
Separately, ANSES has announced the October payment schedule for retirees and pensioners. Following a 1.66% mobility adjustment, the minimum pension is set at $435,748.51. To ensure no beneficiary earns less than a unified ceiling of $505,748.51, the agency is implementing a variable 'mini bono' for those falling below that threshold.
Additionally, the Ministry of Economy has decided to extend energy subsidies for electricity and gas through October. This measure aims to mitigate inflation by limiting average tariff increases to 1.64% for electricity in the AMBA region and 2.24% for natural gas nationwide.
Entities
Aeropuertos Argentina 2000 · Anses · Argentina · Edenor · Government of Argentina · José Luis Manzano · Metrogas · ORSNA · YPF
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 2 SOURCES] The Argentine government is increasing energy subsidies for households to mitigate inflation impacts. radioconaguante.com.ar · www.rionegro.com.ar
- [● 4 SOURCES] Metrogas is required to invest US$ 186.8 million in gas infrastructure works over the next 10 years. zetafmdigital.com.ar · diariosanrafael.com.ar · econojournal.com.ar · www.energiaynegocios.com.ar
- [● 3 SOURCES] The license extension facilitates YPF's potential sale of its 70% stake in Metrogas to Edenor. zetafmdigital.com.ar · elvocero.com.ar · econojournal.com.ar
- [● 3 SOURCES] Metrogas and its controlling group must withdraw all legal claims against the State related to the license. zetafmdigital.com.ar · diariosanrafael.com.ar · www.energiaynegocios.com.ar
- [● 5 SOURCES] The Argentine government signed an agreement with Metrogas to extend its gas distribution license for 20 years. zetafmdigital.com.ar · diariosanrafael.com.ar · elvocero.com.ar · econojournal.com.ar · www.energiaynegocios.com.ar
- [● 3 SOURCES] The minimum retirement benefit in Argentina has been set at $435,748.51. www.infocaucete.com.ar · argentarnoticias.com.ar
- [● 3 SOURCES] ANSES is implementing a variable 'mini bono' to ensure beneficiaries do not earn less than a unified ceiling of $505,748.51. www.infocaucete.com.ar · argentarnoticias.com.ar
- [● 5 SOURCES] The new gas distribution license for Metrogas will be valid until 2047. zetafmdigital.com.ar · diariosanrafael.com.ar · elvocero.com.ar · econojournal.com.ar · www.energiaynegocios.com.ar