On June 2nd, 2025, the Government of Argentina released Decree 370/2025 (“Decree 370”), that extends the emergency of the energy sector previously declared by Decree 55/2023 and extended by Decree 1023/2024 (please see our comments here and here), until July 9th 2026.

Decree 307 is applicable to the segments of power generation, transmission and distribution of electric energy, as well as to transport and distribution of natural gas under federal jurisdiction.

Moreover, Decree 307:

  1. Extends the transition towards focalized energy subsidies period until July 9th, 2026 for the Secretary of Energy to continue implementing the necessary acts for the implementation of the measure, to advance in the restructuring of the subsidy regime, and to establish the specific mechanisms to assign and collect them by the users.
  2. Extends the intervention of gas and power regulators –ENRE and ENARGAS– until the new entity established by Foundations Law is constituted or July 9th, 2026, whichever occurs first.

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For additional information, please contact Nicolás Eliaschev, Javier Constanzó, Daiana Perrone, Victoria Barrueco, and/or Manuel Crespi.