Resumen

WIRTH, Eszter  y  RAMIREZ-CENDRERO, Juan M.. Underinvestment and external dependence of the Argentine hydrocarbons sector (2003-2022). Prob. Des [online]. 2025, vol.56, n.220, pp.95-124.  Epub 08-Jun-2025. ISSN 0301-7036.  https://doi.org/10.22201/iiec.20078951e.2025.220.70228.

Argentina’s energy matrix is highly dependent on hydrocarbons, but domestic production has not been able to supply the domestic market, resulting in trade deficits and permanent foreign exchange outflows. In this context, the Kirchner administrations conducted several economic reforms, one of the axes of which was the recovery of the leading role of the State in order to achieve energy sovereignty. This series of reforms was modified before the arrival of the liberal Mauricio Macri to the presidency but was partially reinstated by the government of Alberto Fernandez in 2020. This paper aims to analyze whether successive governments have mitigated the underinvestment and external dependence of the Argentine energy sector and the limitations of such policies. It concludes that the different oil policies implemented had failed to reverse the underinvestment and foreign dependence of the Argentinean hydrocarbon sector.

Palabras llave : hydrocarbons; state-owned companies; energy dependence; O24; O54; Q32.

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