Despegue REFORMS ESEN
up to date · reviewed Jun 22, 2026
The norm, in detail

Gas cylinders: free prices and an open market

Decreto 446/2025
in forceNATIONAL Market deregulation

Decreto 446/2025 repeals art. 30 of Ley 26.020: the cylinder's maximum reference price is gone and the LPG market opens up.

What changed and who it applies to

What changed
Decreto 446/2025 amends Ley 26.020 (the LPG regulatory framework) so that LPG prices, supply and demand are governed by the free and competitive functioning of the market. It repeals article 30 of Ley 26.020 (Maximum Reference Prices for household-use cylinders), eliminating state price-setting. It replaces the Energy Secretariat's prior authorization to operate as a bottler (art. 12), distributor (art. 24) and marketer (art. 31) with a simple filing of documentation, with verification in 10 business days and positive administrative silence. It adds art. 35 authorizing the free import of LPG without prior authorization. It reduces the state role to safety oversight (it repeals arts. 7, 10, 15, 30, 34 and 36; a new art. 37 centered on safety). verif Jul 2, 2025
In force
In force since its publication in the Official Gazette on 07/03/2025. verif Jul 3, 2025
Are you in or out?
Bottlers, distributors, marketers and importers of LPG, and household cylinder consumers. LPG supplies a significant portion of Argentine households without access to a natural-gas network. verif Jul 2, 2025
The norm
Decreto 446/2025 (DECTO-2025-446-APN-PTE), national Executive, signed on Jul 2, 2025 by Milei, Guillermo Francos and Luis Caputo. It amends Ley 26.020, the regulatory framework for the LPG (GLP) industry and its commercialization. verif Jul 2, 2025

Our reading

A market is freed that supplies much of the households without a gas network: the maximum reference prices, prior authorizations and import obstacles fall, and a 10-day positive silence comes in. Through R4 (deregulation), less compliance cost and more possible players open competition for bottlers, distributors and satellite importers. What is worth watching: the price liberalization coexists with a user who paid the most expensive cylinder in real terms, so the pro-competition effect takes time to reach the pocket. thesis

Where it lands, province by province1

Neuquén Neuquén produces close to 70% of the country's gas and has liquids separation in its RIGI portfolio: LPG is born here. With the maximum bottle price gone and the prior authorization to bottle, distribute or import replaced by positive silence at 10 days, the bottling and distribution link stops being closed off in the very province that holds the molecule at source. favorable opening and deregulation thesis

The other rules on this subject39

Mega-DNU: the regulatory chainsawDecreto 70/2023 (DNU-2023-70-APN-PTE)in force
Rentals: freedom of contract returnsDNU 70/2023, art. 249in force
The IGJ digitizes companies' financial statementsIGJ General Res. 9/2026 (RESOG-2026-9-APN-IGJ#MJ), Official Gazette Jul 2, 2026in force
Domestic trade: price-control and intervention rules fallRes. 12/2026 SIC (Official Gazette Jun 9, 2026)in force
Ley Hojarasca: cleanup of the legal framework (still in the Senate)Bill CD-1/26 (first-round approval May 20, 2026)pending
Ignacio Aredez
Ignacio Aredez· Chief analyst
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