The state oil enterprises of Chile and Argentina will soon begin joint exploration of new oil fields in Argentine territory, a diplomat said on Wednesday.
Argentina's ambassador in Santiago, Gines Gonzalez Garcia, said at a news conference on Wednesday that Chile's state oil enterprise ENAP and Argentina's Enarsa will carry out the explorations in Argentina.
"There is a joint exploration accord for future oil fields. We are also aiming for a shared future," said Gonzalez.
Chile is currently promoting electricity-saving campaigns to avoid future rationing, due to natural gas cuts carried out by its sole supplier, Argentina, due to internal supply shortages.
Argentina's fast economic growth has accelerated its energy demand, forcing the government to implement fuel saving plans.
Source:Xinhua
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