- Home
- Books and Journals
- FNREL - Special Institute
- Mining And Oil & Gas Development In Latin America (FNREL)
THE ARGENTINE EXPERIENCE IN THE PRIVATIZATION OF OIL AND GAS
Jurisdiction | Derecho Internacional |
(2001)
THE ARGENTINE EXPERIENCE IN THE PRIVATIZATION OF OIL AND GAS
Martelli Abogados
Buenos Aires, Argentina
[Page 4C-1]
In 1989, the Berlin wall fell down, the Cold War ended and a new era for Latin America began; such era was characterized by the end of military governments, and by a progressive political and economic integration of the continent to the republican and market economy model of North America (United States and Canada) and the European Community.
The Republic of Argentina leaded such process, leaving the Group of Non-Aligned Countries and deeply integrating with the United States of America, first, and the other countries of the European Community, then. Internally, in 1989 a deep, drastic antitrust, privatization and economic deregulation process commenced, which process had no precedents in the Republic of Argentina or in any other country of the Region.
This process was carried out by the Peronist party, which until then had sustained that the Federal State had to strictly control the economy. It is hard to imagine that a party other than the Peronist, such as the Radical party, or the moderate or conservative parties, could have carried out this process. The opposition that this parties would have had by the Federal Congress, the Provincial Governments and the citizens in general, would not have allowed them to carry out not even a small part of this political, but mainly economic, reform.
Thus, from 1989, the Republic of Argentine privatized telephone, drinking water and sewage services, hydroelectric and thermal generation and the transportation of electric power, air transportation and airports, sea and river ports, highways and roads, and the social security system; it also deregulated most of the economy providing for the free entrance and exit of capitals. However, the most paradigmatic sector regarding demonopolization, privatization and deregulation, was the oil and natural gas industry.
Until 1989, the oil and natural gas industry was mostly under the control of the Federal Government, without any actual private competition, and those parts of the activities open to the private companies were strongly regulated.
YPF produced itself approximately 80% of the oil and natural gas produced in the country, and was the monopolistic holder of 97% of the crude oil and of 100% of the national natural gas. The participation of private companies in the exploration and production of natural gas and oil was always marginal and...
To continue reading
Request your trial- FNREL - Special Institute
- Mining And Oil & Gas Development In Latin America (FNREL)
- TABLE OF CONTENTS
- CHAPTER 1 MINING LAW IN LATIN AMERICA: A COMPARATIVE STUDY OF CHILE, PERU, ARGENTINA, AND BOLIVIA
- MINING INTEGRATION AND COMPLEMENTATION TREATY BETWEEN THE REPUBLIC OF ARGENTINA AND THE REPUBLIC OF CHILE (ENGLISH VERSION)
- TRATADO DE INTEGRACION Y COMPLEMENTACION MINERA ENTRE LA REPUBLICA ARGENTINA Y LA REPUBLICA DE CHILE (SPANISH VERSION)
- MINING TREATY BETWEEN CHILE AND ARGENTINA — A GLOBAL VIEW (ENGLISH VERSION)
- TRATADO MINERO ENTRE CHILE Y ARGENTINA — UNA VISIÓN GLOBAL (SPANISH VERSION)
- CHAPTER 3 TORT LITIGATION IN HOME COUNTRY COURTS BASED ON OPERATIONS IN DEVELOPING COUNTRIES
- PRIVATIZATION IN CHILE
- THE NEW OIL AND GAS INDUSTRY IN BRAZIL: COPING WITH PRIVATIZATION
- THE ARGENTINE EXPERIENCE IN THE PRIVATIZATION OF OIL AND GAS
- THE PERUVIAN OIL PRIVATIZATION PROCESS
- CHAPTER 5 LEGAL MECHANISMS FOR THE PROTECTION OF FOREIGN INVESTMENT IN LATIN AMERICA
- CHAPTER 6 INTERNATIONAL ARBITRATION AND MULTIPARTY DISPUTE ISSUES IN LATIN AMERICAN EPCM AND EPC CONTRACTS
- CHAPTER 7 FINANCIAL AND TAX DEVELOPMENTS AND PROPOSALS AFFECTING NATURAL RESOURCES IN LATIN AMERICA
- EVOLUTION OF BOLIVIAN ENVIRONMENTAL LAW (ENGLISH VERSION)
- EVOLUCIÓN DEL DERECHO AMBIENTAL BOLIVIANO (SPANISH VERSION)
- DIREITO AMBIENTAL NO BRASIL E A PROTEÇÃO AMBIENTAL NO MERCOSUL (PORTUGUESE VERSION)
- ENVIRONMENTAL LAW IN BRAZIL AND ENVIRONMENTAL PROTECTION IN MERCOSUR (ENGLISH VERSION)
- ENVIRONMENTAL LAW REGIME FOR THE MINING INDUSTRY IN ARGENTINA (ENGLISH VERSION)
- EVOLUCION DEL DERECHO AMBIENTAL CHILENO
- CHAPTER 9 SUSTAINABLE DEVELOPMENT: EMERGING CONCEPTS OF GOVERNANCE IN THE MINERALS INDUSTRIES
- CHAPTER 10 CONFLICTOS ENTRE DESARROLLO DE RECURSOS NATURALES Y COMUNIDADES INDIGENAS (SPANISH VERSION)
- CHAPTER 10 CONFLICTS BETWEEN RESOURCE DEVELOPMENT AND INDIGENOUS PEOPLE (ENGLISH VERSION)
- CHAPTER 11 COMMUNITY RELATIONS IN MINERAL DEVELOPMENT PROJECTS
- CHAPTER 12 CAMBIOS RECIENTES EN LAS LEGISLACIONES MINERAS DE AMERICA LATINA (SPANISH VERSION)
- CHAPTER 12 RECENT DEVELOPMENTS IN LATIN AMERICAN MINING LEGISLATIONS (ENGLISH VERSION)
- CHAPTER 13 WORLDWIDE OBSERVATIONS ON THE LATIN AMERICAN MINING LAW MODEL
- DEVELOPMENT OF A LARGE-SCALE MINE: THE ANTAMINA PROJECT
- THE DEVELOPMENT OF A LARGE-SCALE MINE: THE ANTAMINA PROJECT
- CHAPTER 15 ANTEPROYECTO DE NORMATIVE DE CIERRE DE FAENAS MINERAS EN CHILE (SPANISH VERSION)
- RESOLUCIÓN DE CONFLICTOS ENTRE PROPIETARIOS DE SUPERFICIE Y MINEROS EN AMERICA LATINA (SPANISH VERSION)
- MEXICO RESOLVING CONFLICTS BETWEEN SURFACE OWNERS AND MINERS IN LATIN AMERICA (ENGLISH VERSION)
- RESOLVING CONFLICTS BETWEEN SURFACE OWNERS AND MINERS IN LATIN AMERICA — PERUVIAN EXPERIENCE
- SOLUCIÓN DE CONFLICTOS ENTRE LOS CONCESIONARIOS MINEROS Y PROPIETARIOS SUPERFICIALES: UNA REVISIÓN DE LA JURISPRUDENCIA RECIENTE (SPANISH VERSION)
- RESOLUTION OF DISPUTES AMONG MINING CONCESSION HOLDERS AND LANDOWNERS: A REVIEW OF RECENT JURISPRUDENCE (ENGLISH VERSION)
- EXPLORATION AND PRODUCTION OF OIL AND GAS IN VENEZUELA (ENGLISH VERSION)
- EXPLORACIÓN Y PRODUCCIÓN DE PETRÓLEO Y GAS EN VENEZUELA (SPANISH VERSION)
- LEGAL REGIMES FOR EXPLORATION AND EXPLOITATION OF OIL AND GAS IN LATIN AMERICA COMPARATIVE ANALYSIS OF THE LEGISLATION APPLICABLE TO THE CONTRACTUAL SYSTEMS OF ARGENTINA, ECUADOR AND PERU
- SUMÁRIO DA LEGISLAÇÃO BRASILEIRA SOBRE PETRÓLEO E GÁS NATURAL (PORTUGUESE VERSION)
- OVERVIEW OF BRAZILIAN OIL AND GAS LAW (ENGLISH VERSION)
- SUMARIO SOBRE LEGISLACIÓN DE OIL & GAS EN BRASIL (SPANISH VERSION)
- CHAPTER 18 OBTAINING FINANCING FOR OIL AND GAS PROJECTS IN LATIN AMERICA
- AN OVERVIEW OF THE SOUTHERN CONE NATURAL GAS BUSINESS: AN ARGUMENT FOR REGIONAL INTEGRATION
- LEGAL ISSUES IN MOVING NATURAL GAS ACROSS BORDERS IN THE SOUTHERN CONE
- CONTRACTUAL ISSUES IN MOVING NATURAL GAS ACROSS BORDERS IN THE SOUTHERN CONE
- CHAPTER 20 GAS-TO-ENERGY: STRUCTURING DOWNSTREAM PROJECTS
Subscribers can access the reported version of this case.
You can sign up for a trial and make the most of our service including these benefits.
Why Sign-up to vLex?
-
Over 100 Countries
Search over 120 million documents from over 100 countries including primary and secondary collections of legislation, case law, regulations, practical law, news, forms and contracts, books, journals, and more.
-
Thousands of Data Sources
Updated daily, vLex brings together legal information from over 750 publishing partners, providing access to over 2,500 legal and news sources from the world’s leading publishers.
-
Find What You Need, Quickly
Advanced A.I. technology developed exclusively by vLex editorially enriches legal information to make it accessible, with instant translation into 14 languages for enhanced discoverability and comparative research.
-
Over 2 million registered users
Founded over 20 years ago, vLex provides a first-class and comprehensive service for lawyers, law firms, government departments, and law schools around the world.
Subscribers are able to see a list of all the cited cases and legislation of a document.
You can sign up for a trial and make the most of our service including these benefits.
Why Sign-up to vLex?
-
Over 100 Countries
Search over 120 million documents from over 100 countries including primary and secondary collections of legislation, case law, regulations, practical law, news, forms and contracts, books, journals, and more.
-
Thousands of Data Sources
Updated daily, vLex brings together legal information from over 750 publishing partners, providing access to over 2,500 legal and news sources from the world’s leading publishers.
-
Find What You Need, Quickly
Advanced A.I. technology developed exclusively by vLex editorially enriches legal information to make it accessible, with instant translation into 14 languages for enhanced discoverability and comparative research.
-
Over 2 million registered users
Founded over 20 years ago, vLex provides a first-class and comprehensive service for lawyers, law firms, government departments, and law schools around the world.
Subscribers are able to see a list of all the documents that have cited the case.
You can sign up for a trial and make the most of our service including these benefits.
Why Sign-up to vLex?
-
Over 100 Countries
Search over 120 million documents from over 100 countries including primary and secondary collections of legislation, case law, regulations, practical law, news, forms and contracts, books, journals, and more.
-
Thousands of Data Sources
Updated daily, vLex brings together legal information from over 750 publishing partners, providing access to over 2,500 legal and news sources from the world’s leading publishers.
-
Find What You Need, Quickly
Advanced A.I. technology developed exclusively by vLex editorially enriches legal information to make it accessible, with instant translation into 14 languages for enhanced discoverability and comparative research.
-
Over 2 million registered users
Founded over 20 years ago, vLex provides a first-class and comprehensive service for lawyers, law firms, government departments, and law schools around the world.
Subscribers are able to see the revised versions of legislation with amendments.
You can sign up for a trial and make the most of our service including these benefits.
Why Sign-up to vLex?
-
Over 100 Countries
Search over 120 million documents from over 100 countries including primary and secondary collections of legislation, case law, regulations, practical law, news, forms and contracts, books, journals, and more.
-
Thousands of Data Sources
Updated daily, vLex brings together legal information from over 750 publishing partners, providing access to over 2,500 legal and news sources from the world’s leading publishers.
-
Find What You Need, Quickly
Advanced A.I. technology developed exclusively by vLex editorially enriches legal information to make it accessible, with instant translation into 14 languages for enhanced discoverability and comparative research.
-
Over 2 million registered users
Founded over 20 years ago, vLex provides a first-class and comprehensive service for lawyers, law firms, government departments, and law schools around the world.
Subscribers are able to see any amendments made to the case.
You can sign up for a trial and make the most of our service including these benefits.
Why Sign-up to vLex?
-
Over 100 Countries
Search over 120 million documents from over 100 countries including primary and secondary collections of legislation, case law, regulations, practical law, news, forms and contracts, books, journals, and more.
-
Thousands of Data Sources
Updated daily, vLex brings together legal information from over 750 publishing partners, providing access to over 2,500 legal and news sources from the world’s leading publishers.
-
Find What You Need, Quickly
Advanced A.I. technology developed exclusively by vLex editorially enriches legal information to make it accessible, with instant translation into 14 languages for enhanced discoverability and comparative research.
-
Over 2 million registered users
Founded over 20 years ago, vLex provides a first-class and comprehensive service for lawyers, law firms, government departments, and law schools around the world.
Subscribers are able to see a visualisation of a case and its relationships to other cases. An alternative to lists of cases, the Precedent Map makes it easier to establish which ones may be of most relevance to your research and prioritise further reading. You also get a useful overview of how the case was received.
Why Sign-up to vLex?
-
Over 100 Countries
Search over 120 million documents from over 100 countries including primary and secondary collections of legislation, case law, regulations, practical law, news, forms and contracts, books, journals, and more.
-
Thousands of Data Sources
Updated daily, vLex brings together legal information from over 750 publishing partners, providing access to over 2,500 legal and news sources from the world’s leading publishers.
-
Find What You Need, Quickly
Advanced A.I. technology developed exclusively by vLex editorially enriches legal information to make it accessible, with instant translation into 14 languages for enhanced discoverability and comparative research.
-
Over 2 million registered users
Founded over 20 years ago, vLex provides a first-class and comprehensive service for lawyers, law firms, government departments, and law schools around the world.
Subscribers are able to see the list of results connected to your document through the topics and citations Vincent found.
You can sign up for a trial and make the most of our service including these benefits.
Why Sign-up to vLex?
-
Over 100 Countries
Search over 120 million documents from over 100 countries including primary and secondary collections of legislation, case law, regulations, practical law, news, forms and contracts, books, journals, and more.
-
Thousands of Data Sources
Updated daily, vLex brings together legal information from over 750 publishing partners, providing access to over 2,500 legal and news sources from the world’s leading publishers.
-
Find What You Need, Quickly
Advanced A.I. technology developed exclusively by vLex editorially enriches legal information to make it accessible, with instant translation into 14 languages for enhanced discoverability and comparative research.
-
Over 2 million registered users
Founded over 20 years ago, vLex provides a first-class and comprehensive service for lawyers, law firms, government departments, and law schools around the world.