Argentina Targets $30 Billion Annual Oil and Gas Exports to EU by 2030

Argentina has announced its capacity to supply the European Union with oil and gas, according to a statement by Argentine President Javier Miley on March 22.

At the International Conference of Conservative Political Action in Budapest, Miley stated: “We are witnessing a gold rush in the field of energy investments. Imagine that in 2030 we will export more than $30 billion a year.”

The president emphasized that Argentina possesses adequate reserves of oil and gas to serve as a dependable supplier to the EU.