Argentina

2018 Argentina Key Figures
Population: 44.7 million
GDP growth rate: -2.6 %/year
Energy independence: 88.9%
Total consumption/GDP:* 96.4 (2015=100)
CO2 Emissions: 4.33 tCO2/capita
Rate of T&D power losses: 15.9%
* at purchasing power parity
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Total Energy consumption

Per capita consumption in Argentina is the second highest in Latin America after Chile (1.9 toe/cap). Electricity demand per capita is around 2 900 kWh/cap (2018).

Total consumption has increased by 1.1%/year since 2010, reaching 86 Mtoe. Gas dominates the total energy consumption (52% in 2018, relatively stable since 2000); it is followed by oil (35%), nuclear and hydroelectricity ...

Argentina energy report

 Total energy consumption

Crude oil production

Oil production reached a peak level of 45 Mt in 1998 and fell regularly to 31 Mt in 2013 because of the decrease in reserves. It has fallen slightly since then to 28 Mt in 2018. Argentina is the 4th largest oil producer in South America after Brazil, Venezuela and Colombia.

Crude oil exports followed a similar downward trend until 2013, and have become marginal (1.6 Mt in 2018). ...


 Crude oil production

Oil products consumption

The consumption of oil products increased at the rapid pace of nearly 4.8%/year between 2002 and 2009; the progression has been slower since then (1.9 %/year), reaching 31 Mt in 2018. The crisis of 2002 caused a significant reduction in consumption.

Transport absorbs about 48% of that consumption.

Graph: OIL CONSUMPTION (Mt)

Graph: OIL CONSUMPTION BREAKDOWN BY ...


 Refined oil products production

Natural gas consumption

Natural gas consumption has been increasing at the very rapid rate of 2.8%/year since 2002, reaching 53.7 bcm in 8. Argentina is the largest gas consumer in South America.

Electricity production absorbs almost 41% of that consumption, followed by the residential and tertiary sector which consumes 21%.

Graph: NATURAL GAS CONSUMPTION (bcm)

Graph: GAS CONSUMPTION ...

America LNG Trade Dataset

 Natural gas domestic consumption

Coal consumption

Coal consumption is low (1.4 Mt).

Graph: COAL CONSUMPTION (Mt)

Graph: COAL CONSUMPTION BREAKDOWN BY SECTOR (2018, %)

 Coal and lignite domestic consumption

Power consumption

Electricity consumption has been stable since 2015 at around 130 TWh. It grew strongly between 2002 and 2015 (4.4%/year).

Industry is the largest electricity consumer (39%), ahead of the residential sector (35%) and services (25%). The services sector share has been relatively stable since 2000, while households have been gaining share from industry in that 15-year ...

Renewable in % electricity production

The Renewable Energy Act adopted in 2015 sets the goal of increasing the share of renewables to 12% of electricity production by 2019, 16% by 2021, 18% by 2023 and 20% by 2025. The law includes an obligation for large consumers (above 300 kW) to achieve these targets individually with fines on large electricity users that do not meet their target.

In 2016, a new law created a fund ...

 Share of renewables in electricity production (incl hydro)

CO2 fuel combustion/CO2 emissions

In its National Determined Contributions (NDC), the country announced its aim to reduce GHG emissions by 15% by 2030 compared to a BAU scenario (670 Mt CO2eq in the BAU for 2030). It is also willing to extend the reduction target to 30% provided it receives international financing and technological support.

Since 2002, CO2 emissions from energy combustion have been rising rapidly, ...

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