Pampa Energía to increase gas production by 28% for the winter

Oil company Pampa Energía will increase its gas production by 28% for the winter. The oil company awarded up to 1 million additional cubic metres per day at a value of $4.68 per million BTU in the framework of the bidding process of the so-called Round II of the Gas.Ar Plan. This price is considerably lower than the $8.50 per million BTU of Liquefied Natural Gas (LNG) imports.