UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


FORM 6-K


Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 of

The Securities Exchange Act of 1934


For the month of June, 2016


Commission file number 333-155319


PETROBRAS ARGENTINA S.A.

(Exact Name of Registrant as Specified in its Charter)


Maipú 1, 22 S.S. Floor

(C1084ABA)  Buenos Aires

Argentina

(Address of Principal Executive Offices)


Indicate by check mark whether the registrant files or will file

 annual reports under cover of Form 20-F or Form 40-F.


Form 20-F    X    Form 40-F ____


Indicate by check mark if the registrant is submitting the Form 6-K

in paper as permitted by Regulation S-T Rule 101(b)(1):

Yes ____ No    X   


Indicate by check mark if the registrant is submitting the Form 6-K

in paper as permitted by Regulation S-T Rule 101(b)(7)

Yes ____ No    X



PETROBRAS ARGENTINA S.A.



AGREEMENT WITH METHANEX FOR TERMINATION OF THE NATURAL GAS SUPPLY AGREEMENT AND RELEASE OF ANY CLAIMS ARISING THEREFROM

_____________________________________________________________


Buenos Aires, June 15, 2016 – Petrobras Argentina S.A. (Buenos Aires: PESA – NYSE: PZE) announces the execution of an Agreement with Methanex Chile S.A. (Methanex) for termination of the natural gas supply agreement entered between the parties and release of any claims arising therefrom by means of payment by Petrobras Argentina S.A. of USD 32.5 million.

_____________________________________________________________


SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.



PETROBRAS ARGENTINA S.A.


Date: June 16, 2016

By: /s/ Daniel Casal

By: /s/ Maelcio Mauricio Soares

 Name: Daniel Casal

Name: Maelcio Mauricio Soares

Title:   Executive Manager of Legal Affairs

Title:   Chief Financial Officer




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