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Montevideo, March 19th 2019 - 15:14 UTC

New YPF management says gas supply is guaranteed, in spite of Repsol

Monday, April 30th 2012 - 04:11 UTC
Full article 14 comments

The current managers of YPF accused Spain’s Repsol of deliberately delaying or ignoring contracts to supply Argentina with liquid natural gas, following the seizure of a majority stake in the company belonging to the Spanish corporation. Read full article


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  • toooldtodieyoung

    I've got odds of 4 to 1 against, that they will run this company into the ground within 12 months ( after KFC has “diverted” the profit into other areas )

    Apr 30th, 2012 - 06:56 am - Link - Report abuse 0
  • Rob the argentine

    Private companies were ordered to cut production because there is not enough gas, and winter is not here yet. Private companies received the order by phone.

    Apr 30th, 2012 - 08:48 am - Link - Report abuse 0
  • GreekYoghurt

    @1 I'd be with you, simply based on the fact that La Campora have the worst business acumen and everything they touch turns to sh!t. Even KFC's pet Killicof-tracksuit has a terrible past record.

    Aerolingus Maximo Argentina - Ruined by La Campora
    Argentina - Ruined by La Campora
    YPF - Being ruined by La Campora

    The funniest thing is, Argentinians think it's great, and corruption is awesome.

    Apr 30th, 2012 - 10:04 am - Link - Report abuse 0
  • yankeeboy

    I have found that when the K gov'ts put out advertising it means they are in serious trouble and the advertisement is exactly opposite of whatever is really going on.

    This gas shortage must be catastrophic!

    Also I'm sure that most of the RGs know that the gas pipelines from Bolivia don't go to BA where they need the gas. The NW provinces will have gas but there is little population and very few factories so I don't know who they think they are fooling.

    Apr 30th, 2012 - 10:53 am - Link - Report abuse 0
  • GreekYoghurt

    I just had to re-read this. Right... so let me get this straight.

    a) Argentina steals something of great value from Repsol, going against the constitution, basic contract law and bilateral agreements.
    b) Argentina then demands that Repsol continue to fulfil a contract that was made prior to the theft, because of contract law.

    Urm.. does anyone else see the parallels-of-illogic between this and Falklands negotiations?
    a) Argentina invades the Falklands, going against international law and the UN.
    b) Argentina then demands that the UK negotiate sovereignty, stating UN resolutions from before the invasion.

    Seriously, are they collectively this retarded?

    Apr 30th, 2012 - 12:52 pm - Link - Report abuse 0
  • yankeeboy

    5. yes

    Apr 30th, 2012 - 01:26 pm - Link - Report abuse 0
  • British_Kirchnerist

    I have every confidence any rearguard sabotage by Repsol will be overcome, despite all your crowing

    Apr 30th, 2012 - 01:57 pm - Link - Report abuse 0
  • GreekYoghurt

    @7 So, through your socialist eyes, it's quite acceptable for a thief to get upset that the victim deliver upon something they agreed to before the crime took place, quoting the law?

    It's like a man going on a date with a lady, the lady saying she is ready to sleep with him. Then the man rapes the lady, turning her into a victim of a crime. Afterwards he goes to her house expecting her to be all nice and then demanding that she sleeps with him like she promised before the rape.

    Are you really that naïve? Just ask yourself, what would Billy Bragg do?

    Apr 30th, 2012 - 02:04 pm - Link - Report abuse 0
  • toooldtodieyoung

    8 GreekYoghurt

    He would get drunk, pen a best selling album out of the experience that was so far ahead of its time it would leave everyone in the music industry stunned.

    No one would understand it the time but years later it would held up at a shinning example that the road to enlightenment is truely paved by excess.

    He would probably get a posthumourous Knighthood out of it as well......... why do you ask?

    Apr 30th, 2012 - 02:18 pm - Link - Report abuse 0
  • GreekYoghurt

    @9. No reason.

    *hums to talking with the taxman about poetry*

    Apr 30th, 2012 - 02:53 pm - Link - Report abuse 0
  • Pugol-H

    They talk the talk about running a gas/oil company, time to see if they can walk the walk.

    Apr 30th, 2012 - 06:38 pm - Link - Report abuse 0
  • jerry

    The K group know all about economics of the gas systems. In the past they bought gas from Bolivia in order to resend it to Chile to make themselves appear helpful; then they charged Chile a lower rate than they paid Bolivia. Sounds like good economics to me.

    Apr 30th, 2012 - 07:04 pm - Link - Report abuse 0
  • Chicureo

    CFK is brilliant! Current YPF difficulties caused by those bastard Spanish foreigners prove the need for reorganization and therefore
    China, flush with billions of dollars, will be “invited” to invade Patagonia to “assist” CFK's government to develop the oil and gas YPF shale reserves, (and insure that they get their shipments of production as promised.) Argentina will receive an increase of Chinese exports with highly preferential rates in violation of Mercosur agreements, but will arrive anyway as bilateral “barter agreements” which will economically harm Uruguay and infuriate Brazil.
    Maximo will have no problem financing his upcoming presidential campaign and his rallies will be popular with free flowing Quilmes and unlimited choripan.
    Residents of Buenos Aires will start to be seen wearing pins with pictures of Nestor, Cristina, and eventually Maximo, on their lapels...
    “...and they all lived very happy forever...”

    Apr 30th, 2012 - 08:59 pm - Link - Report abuse 0
  • ChrisR

    I have seen a lot of claims of 5% increase in production of oil and gas since the lunatics started running the madhouse but NO actual evidence that things are getting better for the populace.

    Am I wrong?

    May 02nd, 2012 - 12:34 pm - Link - Report abuse 0

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