Daniel González, the Economy Ministry official who coordinated Argentina’s energy and mining policy, resigned on Thursday, saying he had discussed leaving with Economy Minister Luis Caputo for several months.
González, a former chief executive of the state-controlled oil company YPF, announced his exit on a pro-government streaming show. “It’s a cycle that is ending,” he said, adding that he has no political vocation and plans to return to the private sector. Caputo thanked him on X for what he called extraordinary work.
Economy Ministry sources said he will not be replaced. González said his team stays complete, with Energy Secretary María Tettamanti and Mining Secretary Luis Lucero continuing in their posts.
He led the government’s cuts to energy subsidies, the deregulation of the electricity, oil and gas markets and the privatizations in the sector. He also chaired the committee that approves projects under RIGI, the incentive regime that gives tax and customs breaks to investments above US$200 million. According to official figures, the committee has approved 26 projects with planned investment of about US$70 billion, which are commitments, not money already spent.
González said Caputo had judged earlier moments to leave unsuitable because of pending bills in Congress, the 2027 budget and a backlog of RIGI applications to evaluate. He said the two agreed this was a good time.