Foreign Investors Await Currency Reforms to Tap Argentina’s Shale Wealth

Booming oil and natural gas production from Argentina’s Vaca Muerta shale play hasn’t translated into an export boom amid a lack of infrastructure and still early days in the new fiscal regime to facilitate private investment in the Argentinian energy sector. The government of libertarian and business-friendly president Javier Milei has enacted market and fiscal reforms aiming to attract private investment into energy projects and infrastructure to boost the domestic supply of oil and gas and lay the foundations for exports. Interest…