Energy Newsletters

7 October 2019

Energy Newsletter - Special Edition: October 2019

*|MC:SUBJECT|*

  

07/10/2019

PAGBAM Energy Newsletter - Special Edition

Compensación a Productores por congelamiento de precios: Disposición 254/2019

Compensation to Producers for Price Freeze - Disposition 254/2019

Mediante Disposición Nº 254/2019 publicada el 7 de octubre de 2019 en el Boletín Oficial, el Subsecretario de Hidrocarburos y Combustibles aprobó la metodología de transferencia a empresas productoras de petróleo crudo, productores de biocombustibles y a las provincias hidrocarburíferas, según corresponda, de $116,10 por barril de petróleo entregado en el mercado local durante el mes de septiembre de 2019, y de 6% del precio establecido para agosto para la producción de biocombustibles entregada al mercado local durante septiembre, de acuerdo con la resolución 552 del 13 de septiembre de 2019 de la Secretaría de Gobierno de Energía dependiente del Ministerio de Hacienda (ver Anexo).

Los beneficiarios pueden presentar ante la Subsecretaría hasta el 31 de octubre su declaración jurada de volúmenes entregados y el detalle de facturación, conjuntamente con una nota de renuncia a iniciar cualquier tipo de acción en relación con los Decretos 566/2019 y 601/2019 y una declaración de indemnidad frente al Estado Nacional por acciones de accionistas controlantes y afiliadas.

Las referidas renuncias son interdependientes. Si la Provincia respectiva no renuncia, la empresa no puede obtener la compensación y viceversa. 

Undersecretary of Hydrocarbons and Fuels Disposition No. 254/2019, published on October 7th, 2019 on the Official Gazette, lays out the methodology for the transfer to oil producers, biofuels producers and the relevant provinces of AR$ 116.10 per Barrel of crude oil delivered to the local market during September 2019, and 6% of the regulated price for August for the biofuel production delivered to the local market also in September, pursuant to Resolution 552 of September 13th, 2019 (see link).

Beneficiaries have until October 31st to file with the Undersecretariat a sworn statement of delivered volumes and invoices, jointly with a written waiver with respect to any action against Decrees 566/2019 and 601/2019 and an indemnity to the Federal Government against any actions started by controlling shareholders and affiliates.

Waivers are interdependent – if the relevant Province does not grant the waiver, the producer cannot obtain the benefit and vice versa.

light-linkedin-48.png
light-facebook-48.png
light-twitter-48.png
Suipacha 1111 • Piso 18 • C1008AAW • Buenos Aires • Argentina
(54 11) 4114 3000 • news@pagbam.com
pagbam.com

Want to change how you receive these emails?
You can
update your preferences or unsubscribe from this list.
 
Aviso: esta publicación y la información contenida en la misma no tiene por objeto reemplazar la consulta con un asesor legal.
Notice: this legal news alert is not intended to replace legal advice but to provide information of general interest.

Subscribe to our Newsletter

Stay updated by receiving our Legal News Alert that will provide you, in a quick and simple way,
with the latest regulatory changes as well as the most relevant news.

Subscribe

* indicates required
I hereby give my free and informed consent for the collection, processing, storage and/or use of my personal data (the "Personal Data") by Pérez Alati, Grondona, Benites & Arntsen. I understand that all assignment and/or transfer of my Personal Data will be made in full compliance with Law No. 25,326 and complementary regulations. The delivery of my Personal Data is voluntary. I understand that, as the owner of the Personal Data, I have the right to exercise, free of charge, the right of access, rectification or deletion of my Personal Data pursuant to Section 14, subsection 3 of Law No. 25,326 (as amended), by communicating to the following e-mail address news@pagbam.com. The AGENCY FOR ACCESS TO PUBLIC INFORMATION, Control Body of Law No. 25,326, has the power to deal with complaints and claims filed by those affected in theirs right due to breach of the Personal Data legislation in force.
You must fill the checkbox to suscribe.