The Government sent to Congress the projects for investments in green hydrogen and liquefied gas

2023-05-30 06:22:00

The Government sent to the Chamber of Deputies the projects for the promotion of green hydrogen and Liquefied Natural Gas (LNG), as revealed by the head of the Frente de Todos Bloc, Germán Martínez. .

The initiative, which was promoted by the Ministry of Energy, which leads Flavia Royonand supported on repeated occasions by the Minister of Economy, Sergio Massaprovides tax and exchange benefits for investments in the area.

green hydrogen

The hydrogen project contemplates a promotion regime with low carbon emissions and other greenhouse gases, in addition to contributing to the “decarbonization” processes of the energy and production matrices.

At the fiscal level, it includes benefits in income tax, exemptions on imports of goods, export duties and VAT refunds.

Liquefied natural gas .

In the case of LNG, the letter declares the liquefaction of natural gas for export to be of national public interest with the aim of developing the sector’s value chain, promoting exports and fostering technological development.

LNG bill: what it is about and how it could benefit the country

It also proposes the creation of a Promotion Regime for large projects that includes the transportation of gas for the production of LNG, its liquefaction, storage, transportation, and marketing.

Regarding the tax, the incentives include income tax, VAT refund, exemptions for importing goods, such as Hydrogen, and favorable conditions on export rights based on the FOB price of LNG exports.

ED

You may also like

1685430815
#Government #Congress #projects #investments #green #hydrogen #liquefied #gas

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.