Weekly Report - 09 June 2016 (WR-16-22)

Argentina’s federal government has made official its decision to introduce modifications to its recently announced utility tariff increases. On 2 June it set a cap of 400% in natural gas tariff increases for residential users and 500% for businesses, small and medium-sized enterprises (SMEs) and hotels. The agreement was made after a series of meetings between provincial governors, Interior Minister Rogelio Frigerio and Energy & Mining Minister Juan José Aranguren.

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