YPF survival battle to remain private took off in two Patagonian provinces

Thursday, March 15th 2012 - 06:07 UTC

Full article 5 comments

The governments of the Patagonian provinces of Chubut and Santa Cruz announced the termination of the contract of exploitation of four different oil wells that YPF handles in the Gulf San Jorge and that both provinces share. Spain’s Repsol, the oil giant that controls YPF has announced it will file a lawsuit against the measure. Read full article

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GALlamosa
Hmmm...this should be an interesting topic for the EU-Mercosur free trade agreement talks.
Mar 15th, 2012 - 10:59 am - Link - Report abuse 0
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Sir Rodderick Bodkin
YPF must bend over to his new overlord once again. Argentina.

Bad boys bad boys. Watcha gonna do, watcha gonna do when they come for you. ♫

:-)
Mar 15th, 2012 - 08:33 pm - Link - Report abuse 0
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The Cestrian
hold on a minute; I thought that the Argies didnt have enough oil, now they are further drying up supplied by ending two contracts within its own borders.

sorry I just dont get it. It looks like yet another OG by RG Land.
Mar 15th, 2012 - 11:01 pm - Link - Report abuse 0
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DJ56
Just like the own goal of tearing up the agreement with the UK on joint exploration for oil!

Mrs K, the bi-polar own goal queen - don't you just love her?
Mar 16th, 2012 - 12:55 pm - Link - Report abuse 0
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Pugol-H
Definitely on the agenda for the EU-Mercosur talks.

If this continues there won’t be much for BA to nationalize, therefore less compensation due, maybe there is method in the madness!
Mar 16th, 2012 - 06:04 pm - Link - Report abuse 0
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