The Argentine government has extended the RIGI incentives regime until July 2027, aiming to boost energy investments in critical areas such as Vaca Muerta and offshore exploration.
The Argentine government announced an extension of the Régimen de Incentivos para Grandes Inversiones (RIGI) until July 2027, a move welcomed by the energy sector. This extension is designed to stimulate investments in energy production and exploitation, particularly focusing on critical regions like Vaca Muerta and offshore areas. The new regulations were introduced through decree 105/2026, which emphasizes the strategic necessity to enhance hydrocarbon activities in the country.
In addition to extending the RIGI, the government also expanded the types of activities eligible for incentives under this regime. The modification of the regulations aims to encourage investments in new hydrocarbon development projects, thus aligning with the government’s strategic objectives to boost energy production. By broadening the investment scope, the government seeks to attract more domestic and foreign investments, which are crucial for the country's energy landscape, particularly given the significant potential of Vaca Muerta.
The changes to the RIGI not only extend the timeline for these incentives but also adapt to the current investment climate needs, which is important for enhancing energy infrastructure and exploration efforts. The government’s proactive stance in modifying these incentives is seen as a crucial step towards meeting Argentina's energy demands and efficiently utilizing its natural resources, ensuring that new developments are brought to fruition and existing projects are supported effectively.
