The provincial government updated the values of the sanctioning regime established in Law 2453 on Hydrocarbons. New fines have been set significantly higher for those who violate the technical regulations regarding exploration, exploitation, transportation, safety in fractionation activities, transportation, distribution, and marketing of liquefied petroleum gas, as well as for hydrocarbon companies in general.
In cases of non-compliance related to technical regulations, fines could reach up to $217,147,637. On the other hand, those who do not comply with information requests issued by the authorities could be fined up to $54,286,909.
The maximum established amount of $1,085,738,225 will apply in situations where non-compliance affects safety in activities related to liquefied petroleum gas. As for non-compliance related to safety in the activities of hydrocarbon companies in general, the penalties could amount to $4,342,952,898.
This update represents a 591 percent increase compared to the previous values, which had been in force since 2023. The new scale of fines will come into effect from the date of publication of decree 53/2025 in the Official Bulletin.
As of today, the minimum fine is set at $3,257,222, while the maximum fine will vary based on the severity and type of non-compliance. It is important to highlight that companies that violate the current regulations will face higher fines, aimed at ensuring compliance with regulations in the hydrocarbon sector.
