China, Energy and Global Expansion: New Investments in Argentina’s Oil Industry

Abstract  In 2010, thanks to the recent investments, China was the first investor and second commercial partner of Argentina. Even though there were numerous investments –mining, manufactures, services, agribusiness, etc.-, one highlighted over the others; the 50% acquisition of Bridas by CNOOC. Bridas belonged to the Argentinean family Bulgheroni and along British Petroleum controlled an important company, considering that the country is a low hydrocarbon producer, Pan American Energy.
Date 2011 07
Publisher Observatorio Petrolero Sur
3 Oil & Gas, 3.4 China's International Oil Relations