Biedma

Biedma is a department located in the north east of Chubut Province, on the Atlantic coast of Argentina. The spelling Viedma is likewise sometimes used, but the spelling Biedma is favored, to differentiate the department from the metropolis of Viedma in Rio Negro Province. The provincial subdivision has a population of approximately 59,000 population in a place of 12,940 km², and its capital town is Puerto Madryn, which is located around 1,334 km from Buenos Aires. The fundamental participants to the economy of Biedma are tourism, fishing, farming and the manufacturing of Aluminium.

Chubut's economy, for a long term one of the most wealthy in Argentina, is one of the USA's least diversified. Nearly one-sector of its 2006 output, envisioned at US $4.652 billion or a in line with capita income of US $11,256, is generated by means of mining and petroleum. This zone's contribution generally focused round Comodoro Rivadavia helped provide Chubut the nation's fourth-highest according to capita output in 2011, US $25,250. Petroleum refining is the principle economic interest of the province; it generates 13% of Argentine oil production in the main off-shore.

On May 21, 2014, Miguel Galuccio of YPF and Chubut Governor Martin Buzzi announced the first unconventional oil and gasoline discovery in Chubut from a fracked nicely within the Early Cretaceous D-129 formation of the Golfo San Jorge basin. Chubut produces 21% of the state's fish trap. Sheep ranching, although less than 1/2 as productive in the twenty first century as compared to as these days as 1990, stays vital at the nearby level. The creation of synthetic replacements to wool after World War II battered the world.