Total is assessing if and when to pump fresh investment into Argentina’s Vaca Muerta shale play amid what the French giant sees as a “difficult” financial environment in the South American nation, writes Eoin O'Cinneide.
The Paris-based supermajor has recently signed a tax agreement in Argentina that will see it pay some of its tax liability in advance of production, chief financial officer Patrick de La Chevardiere said late last week.