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Argentina's Milei Bypasses Techint for Pipeline Deal Amid Controversy

1/29/2026

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Story summary
  • Argentina's government under President Javier Milei awarded a major pipeline contract to Welspun Living Ltd., bypassing Techint Group which had submitted a higher bid.
  • The move reflects Milei's free-market stance amid tensions with Argentina's corporate elite and aims to expand the country's energy role via the Vaca Muerta shale.
  • Catholic Church leaders criticized a proposed bill to lower the age of criminal responsibility, urging education and rehabilitation over punitive measures.