The Limited Times

Now you can see non-English news...

Paolo Rocca and Marcelo Mindlin want the only public work that is not cut and compete with Lionel Messi's boss


Highlights: The reversal of the North Gasduct in Argentina will cost about $2.5 billion. The work will allow the flow of natural gas from the north to the south of the country. The project is part of a larger plan to build a new gas pipeline from the south to the north. The rest of the work will be financed by a loan from the Bank of Latin America. The decision to reverse the gas pipeline was made by the Government of Argentina, not by the National Council of Energy.

With their construction companies Techint and SACDE, the businessmen have already been awarded a part of the reversal of the North Gasduct and are going for more. They will compete against the Mas brothers, owners of Inter Miami. The work is strategic to avoid problems with the energy supply in the North of the country.


Paolo Rocca


Marcelo and Damián Mindlin

aspire to keep the only major

public work

that will not be cut this year: the

reversal of the Northern Gas Pipeline

, which will cost the national State close to

800 million dollars


Rocca and his team convinced President Javier Milei, to whom they gave strong support in the 2023 elections, that this work is



avoid a problem with the supply of gas and electricity in seven

northern provinces (Córdoba, La Rioja , Catamarca, Santiago del Estero, Tucumán, Salta and Jujuy) starting in August,

when Bolivia can no longer guarantee the supply

in a “firm” (non-interruptible) manner.

That is why, despite the budget restriction and the strong fiscal adjustment underway, the Government will allocate resources to this end.

The owners of the construction companies

Techint Engineering and Construction and SACDE

formed a Transitory Business Union (UTE), as they did for the Presidente Néstor Kirchner Gasoducto (GPNK) of

Vaca Muerta

, which they managed to do in record time in 2023 and this year will allow a

substitution of energy imports

for about

2.5 billion dollars


The UTE has already been awarded

two of the three

possible sections (“lines”), the maximum allowed according to the original configuration of the tender.

But in the first line, the offers of all the competitors were above the budget and

the work had to be rebid,

so now the firms

can participate again.

Other construction companies interested in the business are


and the American


, owned by the

brothers José, Juan Carlos and Jorge Mas


These Cuban-Americans are the owners of

Inter Miami

, the club where

Leo Messi

plays , and are interested in landing in Argentina with million-dollar


for the infrastructure of Vaca Muerta.

However, the previous management of

Energía Argentina



, commissionor of the work) disqualified Pumpco's technical offer and questioned that it functioned as a


of another company,

Víctor Contreras

, which - they say - could not comply with minor projects.

The re-bidding of that section, which was divided into two parts,

once again opens the door

to competition for everyone.

Strategic public works

The reversal of the direction in which natural gas flows in the Northern Gas Pipeline (today from North to South, to bring the fluid from Bolivia; and soon from South to North, to bring the gas from Vaca Muerta to the north of Argentina and, eventually, generate

exports to Brazil

) had an original budget of US$ 713 million.


Development Bank of Latin America (CAF)

granted a loan for US$540 million and the rest would be financed through a fund created in 2021 with

electrical energy exports

, run by the Wholesale Electricity Market Administration Company (Cammesa).

Lines 2 and 3, already awarded to Techint and SACDE, consist of 100 kilometers of the

Federal Integration Gasduct between Tío Pujio and La Carlota (in Córdoba)

, with a diameter of 36 inches, which will link the Central - West Gasduct with the North Gasduct.

Today both pipes join in San Jerónimo (Santa Fe), and the work will allow the flow of gas to be “accelerated.”

The Mindlin brothers are natives of La Carlota

, so they already own the largest infrastructure project in the history of their hometown.

The work is completed in the province of Córdoba with a


(parallel laying) to the 62 km North Gasduct, the reversal of 4 compressor plants in Córdoba, Santiago del Estero and Salta, and the almost 23 remaining kilometers of the Tío Pujio – La gas pipeline. Charlotte.

This “line 1” has a budget of $137,000 million and offers will open between next Monday, February 26 and Monday, March 11.

Last week, the first pipes for the work

left the

Tenaris SIAT

plant in the Buenos Aires town of Valentín Alsina ,

heading to Córdoba.

These are batches of welded tubes with a diameter of 36 inches and 12 meters long, out of a total of 10,000, which are in the production process and will require approximately 2,500 truck trips.


Source: clarin

All business articles on 2024-02-21

You may like

Trends 24h


© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.