Spain’s Repsol files complaint against Argentina over seizure of YPF
Spain's Repsol SA filed on Monday a complaint against Argentina before the International Centre for Settlement of Investment Disputes (ICSID) over its nationalization of energy company YPF SA, according to sources familiar with the dispute.
Last May the Argentine government seized 51% of YPF, the country's biggest oil and gas company from Repsol, accusing the former parent company of underproduction and under-investment.
In its complaint, Repsol calls the seizure unlawful and discriminatory, according to a source who asked not to be named and who had seen a copy of the document submitted to the ICSID.
The Spanish oil major denied Argentina's charge that it neglected to invest in YPF. The takeover also sparked protests against Argentina from the European Union and other trade partners. Repsol says the 51% of YPF expropriated by the government is worth 10 billion dollars.
In related news the Platts Global Energy Awards recognized Repsol’s CEO Antonio Brufau who received the 2012 “Chief Executive Officer” honour at a special ceremony in New York. The awards program, now in its 14th year, is one of the energy industry's premier recognition events and often referred to as the “Oscars” of the energy industry.
CEO Brufau won accolades for “shepherding Repsol's growth in upstream exploration activities, expanding the company into wind power and overseeing a stock boon that has outpaced its European rivals, it was his leadership of the last seven months, judges said, that really set him apart”.
The Platts Global Energy Award underlined that “within weeks of the Argentine government's sudden expropriation of Repsol subsidiary Yacimientos Petroliferos Fiscales (YPF), Brufau set a course that kept Repsol from potential dismantlement, retained its standing with investors, and positioned it for high-growth”.
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“take our share and expect no punishment”, you have no share it is not your to take, but your punishment will be learning this lesson the hard way.
SELF-DETERMINATION, All day every day!
After all, there’s no pirates without ships,
And Spain is your ship,
Is it not .lol.
Your lack of knowledge and formal education is eveident in the words you type. As for the new world order, the nazi's have really been on your brain way too long. Get back in your igloo where you belong....under lots of snow in Canada. You are so unglued......learn how to be a good Canadain.
In the miniscule mind of a kirchner, corporations are suppose to give their profits to argentina, not the shareholders.
Argentina will always be a lesser country with attitudes like that. keep digging.... maybe your find some treasure though by that point you will prob never be coming back. Argentina will always be a joke of a country to the world. go start another dirty war with your self its about the only people you will defeat
Just as well The truth does not need or care for yours or argentinas acceptance.
SELF-DETERMINATION, all the truth you need :)
Here is FB for Alex Vargas:
FB for “NuKular-Alex” Alex Vargas
Pirat-Hunter appears to live in Toronto - all his references in his posts are from there.
Alex Vargas went to Toronto's Vaughan Rd Academy HS.
PH seems to have no knowledge of life in Argentina, first hand and does not seem to travel.
No passport - criminal record? Can leave, but cannot re-enter Canada???
Ken Ridge remembers Alex Vargas posting as himself on MercoPress before the name change to PH.
AV says lives in Salta, but no photos of him there.
Here is FB for Alex Vargas - you be the judge.
Check out his photos and his LIKES (hates)
PS - has removed his La Campora links
www.facebook.com/search/results.php?q=Alex%20Vargas%2C&init=quick&tas=0.7408496649381917#!/avargas20
and to them we say, your very welcome.
How they use it however, relies very much in their lack of integrity.
“#10 china is a good country to bad most racist attack anything that is different.”
That's rich, coming from a ranting anti-Semite like yourself !!
“ And stop showing us links to your lover we are not interested”
You don't want me posting your FB page up on here Alex??
But it shows all your Dictators that you admire!!
“Be careful guys there is a british pedophile hacking males accounts. I hear he is a convicted child molester.”
LOL, Mr. “I'm BI-sexual” Pi-rape-Hunter, you're the most likely one to be a homosexual, on here. All you talk about is gays - almost as bad as “sussie”
Ask Think or NostrilDamus II or ProRG Amer. what you can do to help La Campora.
They'll tell you you're embarrassing them !!!
LOL LOL
Perople like you PH are spineless hiding behind a computer
his days of hunting are over,
and pirates aint allowed in canada.
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