Brighter forecast: Argentine President Mauricio Macri has to balance the amount still owed to oil and gas companies with bringing inherited fiscal problems under control Photo: AFP/SCANPIX

Argentina makes offer to companies still owed subsidies for gas play work

Government tries to make amends for backlog of payments intended to bolster investment in unconventional acreage

29 March 2018 23:00 GMT Updated 29 March 2018 23:00 GMT

By Gareth Chetwynd

in Rio de Janeiro

The government in Argentina has made a settlement offer to a group of oil and gas companies seeking payments for subsidies that

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Argentina makes offer to companies still owed subsidies for gas play work