Argentine debt mars rewards for gas producers

By Chris Noon 6 July 2017
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Argentine President Mauricio Macri has issued nearly $19 billion in debt. (PA) Argentine President Mauricio Macri has issued nearly $19 billion in debt. (PA)

Argentina’s mounting debt is delaying the country’s generous stimulus payments to gas producers, according to Buenos Aires-based sources.

"There appears to be a backlog in incentive payments that stems from Argentina’s debt," said a source close to the country’s Energy Secretariat, who wanted to remain anonymous.

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