La Pampa Creates Hydrocarbons, Mining Department



Argentina's La Pampa provincial government has created a hydrocarbons and mining department to operate under the provincial production ministry.

The new department will comprise areas that will cover hydrocarbons and biofuels, and mining, the provincial government said in a statement.

The current mining authority, which operated under the industry and commerce department, will transfer to the new government entity.

"Given the volume of hydrocarbons activity, it was necessary to create a specialized organization with exclusive jurisdiction over current and future exploration permits and production concessions," according to the provincial decree that created the new department.

The province's ability to grant concessions follows the approval of law 26.197 published in the country's official gazette last month and transfers the property rights of hydrocarbons fields to respective provinces.

Visit BNamericas to access our real-time news reports, 10-year archive, Fact File company database, and latest research reports. Click here for a Free two week trial to our Latin America Oil & Gas information service.