Argentina's Tecpetrol to wait for macro stability before seeking financing

Reuters

2025/09/09

BUENOS AIRES, Sept 8 (Reuters) - Argentina's oil company Tecpetrol will wait for more macroeconomic stability before seeking new market financing to increase its investments, CEO Ricardo Markous said on Monday.

Tecpetrol, which controls nearly 15% of the country's shale gas production, secured market financing at a 7.5% rate earlier this year, Markous said at the Argentina Oil and Gas conference in Buenos Aires.

(Reporting by Eliana Raszewski; Editing by Sarah Morland)

((natalia.siniawski@thomsonreuters.com;))

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