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Argentine only has natural gas reserves for the next seven years
Mercopress
July 21, 2010

Argentina' natural gas reserves dropped to half their 2000 level when they totalled 378.862 million cubic metres, which means at the current consumption rate in seven and a half years the country will ran out of the vital fuel, according to a report released this week in Buenos Aires.

"The level of reserves experienced an inter-annual drop of 4.9% in 2009 and is insufficient for a country that like Argentina which bases its consumption in this kind of fuel, natural gas", said the Energy Institute General Mosconi.

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