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Argentina launches construction tender phase of mega gas pipeline

AFP

Argentina on Thursday launched the construction tender phase for a gas pipeline megaproject that will eventually extend more than 1,000 kilometers (621 miles) from the southwest to north of Buenos Aires.

It is the largest natural gas project in Argentina in the last four decades and comes at a time when worldwide energy costs have shot up due to Russia’s invasion of Ukraine.

The tender will be launched in May with a decision due in July.

The first stage of the project is due to cost $1.5 billion, beginning in August and ending in 2024.

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In an official ceremony near to the Vaca Muerta pipeline project in Neuquen province, President Alberto Fernandez celebrated “the start of work to create the Nestor Kirchner pipeline.”

The aim of the megaproject is to expand Argentina’s fuel transport capacity for both domestic use and exports.

The first section of the pipeline, named after a late former president, will extend 558 kilometers from Neuquen province to Buenos Aires province.

A second section will extend another 467 kilometers northwards, reaching San Jeronimo.

In total, the new pipeline will increase Argentina’s gas supply by more than 40 million cubic meters a day “supplying urban centers and industry in the center and north of the country and giving the opportunity to export to Brazil and Chile,” the presidency said in a statement.

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The Vaca Muerta deposit holds unconventional gas which is harder and more expensive to extract than more conventional natural gas.

The site is being exploited by state energy firm YPF and US giant Chevron.

The US Department of Energy rates the Vaca Muerta field, which extends over 30,000 square kilometers in Patagonia, as the world’s second largest shale gas reserve, and fourth in the world for shale oil.

Extraction from this site has slowed down in recent years due to the fall in the price of crude which made it less profitable due to the high costs of hydraulic fracturing to extract unconventional gas.

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International

U.S. Senate Rejects Budget, Bringing Government Closer to Shutdown Amid DHS Dispute

The U.S. Senate voted on Thursday against a budget proposal in a move aimed at pressuring changes at the Department of Homeland Security (DHS), following the killing of two civilians during a deployment of immigration agents in Minneapolis.

All Senate Democrats and seven Republican lawmakers voted against the bill, which requires 60 votes to advance, pushing the country closer to a partial government shutdown that would cut funding for several agencies, including the Pentagon and the Department of Health.

The rejection came as Senate leaders and the White House continue negotiations on a separate funding package for DHS that would allow reforms to the agency. Proposed measures include banning Immigration and Customs Enforcement (ICE) agents from wearing face coverings and requiring them to use body-worn cameras during operations.

The vote took place just hours after President Donald Trump said he was “close” to reaching an agreement with Democrats and did not believe the federal government would face another shutdown, following last year’s record stoppage.

“I don’t think the Democrats want a shutdown either, so we’ll work in a bipartisan way to avoid it. Hopefully, there will be no government shutdown. We’re working on that right now,” Trump said during a Cabinet meeting at the White House.

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Trump Says Putin Agreed to One-Week Halt in Attacks on Ukraine Amid Extreme Cold

U.S. President Donald Trump said on Thursday that he secured a commitment from Russian President Vladimir Putinto halt attacks against Ukraine for one week, citing extreme weather conditions affecting the region.

“Because of the extreme cold (…) I personally asked Putin not to attack Kyiv or other cities and towns for a week. And he agreed. He was very pleasant,” Trump said during a Cabinet meeting broadcast by the White House.

Trump acknowledged that several advisers had questioned the decision to make the call.
“A lot of people told me not to waste the call because they wouldn’t agree. And he accepted. And we’re very happy they did, because they don’t need missiles hitting their towns and cities,” the president said.

According to Trump, Ukrainian authorities reacted with surprise to the announcement but welcomed the possibility of a temporary ceasefire.
“It’s extraordinarily cold, record cold (…) They say they’ve never experienced cold like this,” he added.

Ukrainian President Volodymyr Zelensky later commented on the announcement, expressing hope that the agreement would be honored.

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Storm Kristin Kills Five in Portugal, Leaves Nearly 500,000 Without Power

Storm Kristin, which battered Portugal with heavy rain and strong winds early Wednesday, has left at least five people dead, while nearly half a million residents remained without electricity as of Thursday, according to updated figures from authorities.

The revised death toll was confirmed to AFP by a spokesperson for the National Emergency and Civil Protection Authority (ANPEC). On Wednesday, the agency had reported four fatalities.

Meanwhile, E-Redes, the country’s electricity distribution network operator, said that around 450,000 customers were still without power, particularly in central Portugal.

Emergency services responded to approximately 1,500 incidents between midnight and 8:00 a.m. local time on Wednesday, as the storm caused widespread disruptions.

The Portuguese government described Kristin as an “extreme weather event” that inflicted significant damage across several regions of the country. At the height of the storm, as many as 850,000 households and institutions lost electricity during the early hours of Wednesday.

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Several municipalities ordered the closure of schools, many of which remained shut on Thursday due to ongoing adverse conditions.

Ricardo Costa, regional deputy commander of the Leiria Fire Brigade, said residents continue to seek assistance as rainfall persists.
“Even though the rain is not extremely intense, it is causing extensive damage to homes,” he noted.

In Figueira da Foz, a coastal city in central Portugal, strong winds toppled a giant Ferris wheel, underscoring the severity of the storm.

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