Register with us today

and in less than 60 seconds continue your access to: Latest news headlines Analytical topics and features Commodities videos, podcast & blogs Sample market prices & data Special reports Subscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Enter your Email ID below and we will send you an email with your password.

  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

If you are a Platts Market Center subscriber (, Please navigate to Platts Market Center to reset your password.

In this list
Natural Gas

Argentina's power sector consumes less fuel oil, more gas in April

Energy | Natural Gas | LNG | Oil | Refined Products

Interview: Satvinder Singh, Enterprise Singapore

Natural Gas | Oil

Platts Wellscape P2P

Commodities | Electric Power | Metals

Battery Metals Conference, Inaugural

Natural Gas

US natural gas storage volume rises 33 Bcf to 2.387 Tcf: EIA

Argentina's power sector consumes less fuel oil, more gas in April


Industry players, upstream and downstream markets, refineries, midstream transportation and financial reports

Supply and demand trends, government actions, exploration and technology

Daily futures summary

Weekly API statistics, and much more

Buenos Aires — Argentina's power sector cut its consumption of coal and fuel oil in April, as it put a preference on diesel and natural gas, an industry report showed Friday.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

Thermal power plants, which supply around 65% of the country's electricity, consumed 168 mt/d of fuel oil in April, down 95.4% from 3,660 mt/d in the year-ago period, the "General Mosconi" Argentina Institute of Energy said in a monthly report on the energy sector.

Coal consumption tumbled 65% to 1,086 mt/d from 3,101 mt/d over the same period, the think tank said.

Instead, the power plants ramped up consumption of diesel 30.7% to 4,564 b/d in April from 3,562 b/d in April 2017, and increased gas consumption 12.2% to 55.3 million cu m/d from 49.3 million cu m/d over the same period, it said.

The increases came as oil and gas consumption show signs of recovering after years of decline, led by output from Vaca Muerta and other huge unconventional plays. Oil production rose 7.2% year on year to 486,305 b/d from 453,741 b/d, while gas rose 4.8% year on year to 129.2 million cu m/d in April from 123.3 million cu m/d, according to the latest Energy Ministry data.

The government wants to gradually reduce the power sector's use of diesel and fuel oil, using gas as a replacement. The bet is that gas production will reach a target between 174 million cu m/d and 200 million cu m/d in 2030, according to the Energy Ministry.

--Charles Newbery,
--Edited by Valarie Jackson,