Cutral Có
Encyclopedia
Cutral Có is a city in the Confluencia Department
Confluencia Department
Confluencia is a department located in the east of Neuquén Province in Argentina.Neuquén, the capital city of the province, is located in this department.The department is named Confluencia after the confluence of the rivers Negro and Limay.-Geography:...

 of Neuquén Province
Neuquén Province
Neuquén is a province of Argentina, located in the west of the country, at the northern end of Patagonia. It borders Mendoza Province to the north, Rio Negro Province to the southeast, and Chile to the west...

 in Argentina
Argentina
Argentina , officially the Argentine Republic , is the second largest country in South America by land area, after Brazil. It is constituted as a federation of 23 provinces and an autonomous city, Buenos Aires...

. It is part of the statistical area formed with neighboring Plaza Huincul
Plaza Huincul
Plaza Huincul is a village and municipality in Neuquén Province in southwestern Argentina.-References:...

.

The settlement is located in the desert, it was founded in 1933 after the discovery of oil. The majority of the economy is based around the petrochemical industry. Cutral-Có is home to several multinational corporations such as Repsol-YPF and Petrobras
Petrobras
Petróleo Brasileiro or Petrobras is a semi-public Brazilian multinational energy corporation headquartered in Rio de Janeiro, Brazil. It is the largest company in Latin America by market capitalization and revenue, and the largest company headquartered in the Southern Hemisphere by market...

.

Following the 1992 privatization
Privatization
Privatization is the incidence or process of transferring ownership of a business, enterprise, agency or public service from the public sector to the private sector or to private non-profit organizations...

 of YPF, thousands of people lost their jobs in the city's important industrial action.

There are plans to transport water from the Río Neuquén in order to introduce agriculture to the region.

External links

Federal website Municipal website
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