ID | 119857 |
Title Proper | Argentina |
Other Title Information | back to peronism |
Language | ENG |
Author | Schmall, Emily |
Publication | 2012. |
Summary / Abstract (Note) | Chubut, Argentina-In mid-June, at the onset of winter in the Southern Hemisphere, a gang of burly, masked construction workers took over Cerro Dragón, an oil and gas field 15 times the size of Buenos Aires and Argentina's most important source of hydrocarbons. Some 500 members of a union nicknamed the Dragons wrecked offices, spray-painted seditious messages on buildings, and barricaded access routes with torched cars in a scene Pan American Energy's chief executive Oscar Prieto compared to battle-scarred Baghdad. The disarray forced Pan American-majority-owned by oil giant BP, with China's CNOOC holding a 20 percent share-to halt production in the field for the first time in its more than 50 years of operations. The threat was calculated to irk a government already spending heavily on imported energy and that has demonstrated its willingness to take over companies. |
`In' analytical Note | World Policy Journal Vol. 29, No.3; Fall 2012: p.90-99 |
Journal Source | World Policy Journal Vol. 29, No.3; Fall 2012: p.90-99 |
Key Words | Argentina ; Oil ; Gas ; Southern Hemisphere ; Cerro Dragon ; Chubut ; Latin America |