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Milei Spurns Argentine Billionaire as Indian Firm Wins Pipeline Bid

Welspun’s $200 million bid was 40% cheaper than Techint’s, reflecting Milei’s push for competition to reduce costs in Argentina’s energy infrastructure sector.

Summary
A flagship pipeline project championed by Javier Milei’s administration chose a foreign supplier over a local giant run by one of Argentina’s richest men in a test of the president’s free-market vision to open up a protectionist economy.

4 Articles

The controversy over the bid for pipes for the LNG export project in Rio Negro added a new key voice: President Javier Milei publicly came out to support the award to the Indian company Welspun and to harshly criticize those who defend protectionism or question economic openness. “The new Argentina. If you see ‘journalists’, ‘economists’ and politicians talking to you about the steel industry and the prejudices caused by the opening, you know wh…

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  • 67% of the sources lean Right
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ADNSur broke the news in on Tuesday, January 27, 2026.
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