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Argentina to eliminate 15-year-old duty on oil exports


BUENOS AIRES

Petroleumworld.com 01 10 2017

The center-right government of Argentine President Mauricio Macri has decided to lift a 15-year-old export duty on oil and oil products, the local daily newspaper La Nacion reported on Sunday.

The government did not immediately respond to requests for confirmation.

Macri, who took office at the end of 2015, has been trying to spur energy investments to boost lagging production as the economy is mired in a prolonged recession.



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