Weekly Report - 18 July 2013 (WR-13-28)

ARGENTINA | Seeking energy investors. In a major policy shift, on 15 July Argentina announced a number of incentives to encourage foreign energy companies to invest in the country. Companies willing to invest US$1bn over a five-year period will be able to sell 20% of production in international markets without paying export taxes and be able to keep export revenue from 20% of output outside of Argentina.