Argentina is facing a period of economic and political volatility after the Nov. 14 midterm legislative elections that could cap growth in natural gas production as companies take refuge in crude oil until conditions improve, including for projects to increase much-needed gas transport capacity, executives and an analyst said. The ruling left-wing party, Frente de Todos, is poised to lose seats in Congress, as its poor management of the COVID-19 pandemic, a worsening economy, weakening currency, 52% inflation and rising crime, poverty and unemployment rates sour voter confidence in President Alberto Fernandez’s management of the country.
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