Through Bolivia, Argentina exported gas to Brazil for the first time in history.

The gas from the Neuquén Basin is transported through the main gas pipeline network to Campo Durán in Salta, from where it is dispatched via the Madrejones pipeline to Bolivia and subsequently to Brazil. TotalEnergies, the first private gas operator in Argentina, has export permits granted by the Energy Secretariat, allowing it to send fluid from both the Austral Basin and Vaca Muerta.

The binational working group evaluates five routes to consolidate gas trade: Bolivia, Paraguay, Uruguayana, Uruguay, and liquefied natural gas (LNG). The most viable alternative is the Brazil-Bolivia Gas Pipeline (Gasbol), whose transportation capacity of 30 million cubic meters per day is underutilized by 66% due to the Bolivian production crisis after years of disinvestment.

Unlike kirchnerist administrations, Milei's government has been clear about one thing: large energy infrastructure projects will not have state financing and will depend exclusively on private capital. In this line, the Incentive Regime for Large Investments (RIGI) offers tax and exchange benefits to projects over USD 200 million, attracting investors and boosting the sector.

The MOU foresees that in 2025 exports of 2 million cubic meters per day will begin, with progressive growth to 10 million in three years and a final target of 30 million in five years. This development not only represents a historic opportunity for Argentina to generate foreign exchange and reduce its trade deficit, but also allows Brazil to access competitive energy for its industry and fertilizer production.