Río Negro reports significant tax revenue from energy projects

Energy projects in Río Negro, primarily centered on the Vaca Muerta Oil Sur (VMOS) pipeline, have generated approximately $53.8 billion pesos (US$35 million) in Gross Income tax revenue between January 2025 and August 2026. Of this total, municipalities received $14.25 billion pesos (US$9.3 million).

Alejandro Palmieri, head of the Revenue Agency, noted that this influx of resources has allowed the province to maintain real tax increases despite national economic declines. The revenue from these 20 months is comparable to a single month of Gross Income tax collection or double the provincial real estate tax collected in 2025. Officials expect sustained revenue through 2027 due to ongoing pipeline operations and upcoming liquefied natural gas (LNG) projects.