Energy news and CEMBRAR call

Dear Partners,

We are contacting you to tell you about the following news:

1. ENERGY: Gas supply contracts 2021/2022
2. CEMBRAR CALL: Update on representation of partners in the Brazil-Argentina Business Council

1. ENERGY: Gas supply contracts 2021/2022

Given the difficulties that companies categorized as SGP3 are going through, obliged to carry out their 2021/2022 annual contracts expiring on April 30, UIA is taking steps before ENARGAS and the Ministry of Energy.

We have informed the authorities regarding the situation, in which numerous companies report that they received offers well into the month of April 2021 and, furthermore, with prices above 3.5 u$s/mmbtu, using as a reference the result of CThe GasAr 2020/2024 Plan is underway, reaching over 4.60 u$s/mmbtu, depending on the Basin of origin. Furthermore, the bidders state that they do not have security of winter supply, reinforcing this claim with the argument of the conflict in Neuquén. Offers have even been withdrawn when the user decided to make it, citing uncertainty in the gas supply.

Due to UIA's requests to the organizations regarding the situation exposed, an urgent meeting was requested, which was quickly granted, in order to present different proposals to find a solution to the delicate situation facing the winter period.

For any questions or queries, contact the Head of the Department of Energy, Alberto Calsiano albertoc@uia.org.ar.

2.CEMBRAR CALL: Dam updatentation of partners in the Brazil-Argentina Business Council

From the Argentine Industrial Union (UIA) and the National Confederation of Industry of Brazil (CNI), we are organizing the next plenary meeting of CEMBRAR scheduled for June 10, so we call on UIA members to update the list of representatives of companies and chambers who wish to participate in upcoming activities through this form.

The plenary meeting will have two panels that will address agenda topics related to the Common External Tariff, Mercosur external negotiations, regulatory convergence and the possibilities of advancing in the facilitation of trade in goods between both countries. In this way, it will be possible to have an overview of the relationshipbilateral commercial ute;n and the actions that can be carried out jointly in order to advance the productive agenda of interest to UIA and CNI.

For any questions or queries, contact the Department of Commerce and International Relations at comercio@uia.org.ar.