{"id":18017,"date":"2025-02-11T22:39:28","date_gmt":"2025-02-11T22:39:28","guid":{"rendered":"https:\/\/test.olacde.org\/caf-and-olacde-complete-the-first-phase-of-the-mercosur-gas-integration-project\/"},"modified":"2025-02-11T22:39:28","modified_gmt":"2025-02-11T22:39:28","slug":"caf-and-olacde-complete-the-first-phase-of-the-mercosur-gas-integration-project","status":"publish","type":"post","link":"https:\/\/test.olacde.org\/en\/caf-and-olacde-complete-the-first-phase-of-the-mercosur-gas-integration-project\/","title":{"rendered":"CAF and OLACDE Complete the First Phase of the Mercosur Gas Integration Project"},"content":{"rendered":"\n

Uruguay hosted the closing of Phase I of the Regional Project aimed at strengthening energy security and sustainable development in the region through a comprehensive analysis of natural gas supply, demand, and infrastructure in member countries.<\/em><\/p>\nThe Latin American and Caribbean Energy Organization (OLACDE) and the Development Bank of Latin America and the Caribbean (CAF) announced the successful completion of the first phase of the Mercosur Gas Integration Regional Project, marking a significant milestone in the region’s energy development.\n\nThe project’s first stage, which brought together experts and representatives from Argentina, Bolivia, Brazil, Chile, Paraguay, and Uruguay, has established a comprehensive assessment of the current and future landscape of natural gas in the region. The studies conducted reveal a dynamic scenario, characterized by production growth in the Neuqu\u00e9n and Rio de Janeiro basins, along with significant modifications to existing transportation networks.\n\n\u201cThis first step is essential to consolidate energy integration that benefits the entire region,\u201d said Jorge Srur, CAF\u2019s Southern Regional Manager. He highlighted the partnership with OLACDE and stated that \u201cthe results obtained not only allow us to identify opportunities for infrastructure optimization but also reaffirm our commitment to a fair and sustainable energy transition. As a development bank, we seek to be a catalyst that links technical knowledge with the necessary financing, facilitating dialogue and trust between public and private actors to materialize the investments the region needs.\u201d\n\nMeanwhile, Guido Maiulini, Head of Strategic Advisory at OLACDE, emphasized that \u201cthis project is fundamental to consolidating, in a single space, the planning documents contributed by the countries. This allows us to move towards a shared transportation model and identify the main bottlenecks affecting both new supply and future demand. Based on this, we can advance towards greater integration of knowledge to precisely characterize the possibilities for optimizing the existing structure and the potential needs for new infrastructure.\u201d\n\nUruguay, the host country for the closing events of this phase, demonstrated its strategic role in regional energy integration, standing out for its predominantly renewable energy matrix and key infrastructure, such as the Cruz del Sur gas pipeline. The events were attended by high-level representatives from Uruguay’s energy sector, including Elisa Facio, Minister of Industry, Energy, and Mining; Walter Verri, Deputy Minister of Industry, Energy, and Mining; Nicol\u00e1s Spinelli, General Manager of ANCAP; Carlos Bellomo, General Manager of Montevideo Gas and Conecta; and Ruben Chaer, Manager of Technical and National Dispatch at ADME.\n\nMinister of Industry, Energy, and Mining, Elisa Facio, highlighted that \u201cthe study conducted in Phase I of the Mercosur Gas Integration Regional Project, financed by CAF, provides us with a valuable roadmap to assess the current state of gas infrastructure, identify barriers, and generate proposals for its sustainable utilization. The need to review and update the Southern Cone scenario is imperative due to Argentina\u2019s increased production, especially in Vaca Muerta, and Bolivia\u2019s declining production.\u201d She added, \u201cFor the development of the natural gas industry in Uruguay, securing supply is essential. The mitigation of supply risk could be achieved through active participation in interconnections between Argentina and Brazil, with primary sources such as Vaca Muerta and backup alternatives from Brazil via natural gas or liquefied natural gas.\u201d\n\nThe next phases of the project will focus on infrastructure optimization and the development of strategic transportation project profiles. OLACDE will implement a unified methodology for demand and supply projections, working closely with member countries to incorporate their existing methodologies and recent projections.\n\nThe project will continue throughout 2025, aiming to strengthen regional energy security and contribute to the energy transition and sustainable development goals of Latin America and the Caribbean.\n","protected":false},"excerpt":{"rendered":"

OLACDE and CAF announced the successful completion of the first phase of the Mercosur Gas Integration Regional Project.<\/p>\n","protected":false},"author":9,"featured_media":14218,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[284,290],"tags":[],"class_list":["post-18017","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/test.olacde.org\/en\/wp-json\/wp\/v2\/posts\/18017","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/test.olacde.org\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/test.olacde.org\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/test.olacde.org\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/test.olacde.org\/en\/wp-json\/wp\/v2\/comments?post=18017"}],"version-history":[{"count":0,"href":"https:\/\/test.olacde.org\/en\/wp-json\/wp\/v2\/posts\/18017\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/test.olacde.org\/en\/wp-json\/wp\/v2\/media\/14218"}],"wp:attachment":[{"href":"https:\/\/test.olacde.org\/en\/wp-json\/wp\/v2\/media?parent=18017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/test.olacde.org\/en\/wp-json\/wp\/v2\/categories?post=18017"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/test.olacde.org\/en\/wp-json\/wp\/v2\/tags?post=18017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}