ASSESSMENTS

Argentina: Passing on the Costs of a Declining Industry

Jul 15, 2008 | 22:46 GMT

Photo credit should read MARTIN BERNETTI/AFP/Getty Images

Summary

Argentina has doubled the price of the natural gas it sells to Chile, passing on the costs of a declining industry to its neighbor. This will only be a short-term fix, however, as Chile looks forward to a future of diversified natural-gas sourcing on the global market.

Argentina has doubled the price of the natural gas it sells to Chile, passing on the costs of a declining industry to its neighbor. This will only be a short-term fix, however, as Chile looks forward to a future of diversified natural-gas sourcing on the global market. ...

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