Russia’s Gazprom ready to help YPF develop gas and non-conventional resources
Argentine nationalized oil company YPF moved forward in the signing of an agreement with Russian state oil company Gazprom to develop conventional and non-conventional gas in Argentina and the eventual supply of liquefied gas.
The announcement was made following a meeting in Moscow between YPF CEO Miguel Galuccio and his Russian counterpart Alexey Miller.
The agreement also details a work plan that will include a visit of YPF technicians to Russia and Gazprom technicians to Argentina. The agreement is added to the one announced by YPF last week regarding talks with US company Chevron for the exploring and development of non-conventional oil.
YPF also signed an agreement with Corporación América (a group of companies owned by Eduardo Eurnekian) for a 500 million dollars investment in shale and another one with Bridas, partially owned by the Bulgheroni family and the China National Offshore oil Corporation.
“It was a positive meeting and opened a new door to move forward with the ambitious goals we set on our investment plan. Gazprom is the world’s most important gas company and we have found topics in common to quickly explore a joint collaboration,” Gallucio said after the meeting, which lasted over an hour.
Russian state-run Gazprom own 18% of the world’s natural gas reserves and is the sole producer of liquefied gas in Russia.
The accord reached by YPF and Gazprom included a joint collaboration plan to explore non conventional gas and shale gas in Argentina, and the possibility of providing the country with liquefied gas.
YPF sources revealed that the meeting was agreed upon President Cristina Fernández and Russian counterpart Vladimir Putin during the last G20 summit in Los Cabos, Mexico.








22 comments Feed
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Gazprom wasn't exactly my personal favorite but......
We live in a globalised world....; the young ones keep telling me.
I was just about to say that. Argentina always say that someone has 'signed' up to YPF, and it actually turns out that they haven't.
Perhaps they really believe that if they say it's happened, then it will happen.
However, if the Russians do sign, they will expect a full return on their investment. No capped prices, and should CFK try to steal their investment, then Putin would be very, very angry with them, and another of CFK's so called 'allies' will disappear.
Just remember, bullet train to Rosario, yeah sure, they can't even keep their other trains from falling off the tracks!
blogs.ft.com/beyond-brics/2012/09/05/gazprom-investigation-long-road-ahead/
(I hope Mr Putin understands what he's doing)
That would be Polonium. Easy mistake to make with Polonium being 84 in the Periodic Table and Plutonium - 94 : )
All together now……..
♫ There's holmium and helium and hafnium and erbium
And phosphorous and francium and fluorine and terbium
And manganese and –mercury, molybdinum, magnesium,
Dysprosium and scandium and cerium and cesium
And lead, praseodymium, and platinum, plutonium,
Paladium, promethium, potassium, polonium, and
Tantalum, technetium, titanium, tellurium, (inhale)
And cadmium and calcium and chromium and curium. . ♫
A proton walks into a bar looking perturbed (there's also a quantum mechanical joke in there somewhere but we'll keep it simple for now) and the barman asks him what's up. The proton complains he's missing an electron
Are you sure? asks the barman
Yes - I'm positive!
Sorry - waaay off topic!
Yeah, polonium, plutonium, polonium, plutonium, let's call the whole thing off.
I'd settle for polonium in CFKC's tea.
I just the place you could take her for tea..
www.novinite.com/view_news.php?id=73614
..either there or BK's gaff...but it might not be Polonium she gets in her tea!
what an ignorancia !
I think they've got enough f-ups on their books already, without adding another to it... ¬_¬
#9 That was actually quite funny...
#15 And what would you be thinking of then? Sugar? But she's aleady the sweetest =)
Poor Brits and Yanks indoctrinated to fear...
They fear the Russians, the Chinese, the Cubans, the Germans, the Argies, their shadows...
ha ha
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