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World Bank’s arbitration unit receives Repsol’s complaint over YPF nationalization

Saturday, December 22nd 2012 - 08:03 UTC
Full article 13 comments

The World Bank's arbitration unit has agreed to hear a complaint by Spanish oil firm Repsol over Argentina's nationalization of the company's former energy affiliate YPF. Read full article

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  • Orbit

    Another day, another tribunal / court case / dispute... How can one administration cause so much goodwill ?

    At some point (I hope for Argentina's sake), CFK will work out that the reason her foot is sore all the time, is because of the bullets she keeps putting in to it.

    Dec 22nd, 2012 - 02:04 pm - Link - Report abuse 0
  • MrFlagpole

    It's difficult to see how the cfk government can try and defend this. But we shall see.

    Dec 22nd, 2012 - 11:13 pm - Link - Report abuse 0
  • Xect

    Easy, just like before they will be found guilty and claim its run by corrupt westerners or its rules/laws don't apply to Argentina, etc etc

    Whilst simultaneous blaming the UK for not respecting UN resolutions Argentina violated by carrying out an illegal invasion.

    Just another day in the life of the bizarre leadership Argentina is being subjected too.

    Dec 23rd, 2012 - 12:18 am - Link - Report abuse 0
  • Captain Poppy

    You guys may have missed the article back on 11/28. Argentina had 42 claims for 65 billion dollars sitting with the ICSID. They answer was to just abandon the ICSID. That is how they respond to international law, unless it is in their favor. What's that old saying......My way or the highway.
    Argentina.....always the victim and never the instigator.

    Dec 23rd, 2012 - 04:03 pm - Link - Report abuse 0
  • ProRG_American

    La Nacion and C5N have confirmed that ARA Espora has sailed from South Africa and is headed towards the Brazilian coast where it will join ARA Libertad to escort it into Mar Del Plata Naval base on January 9, 2013.
    MERRY CHRISTMAS AND A HAPPY NEW YEAR!

    Dec 23rd, 2012 - 04:43 pm - Link - Report abuse 0
  • Anbar

    ProRG_RG: seeing as you've posted that in every thread and still not really generated much of a response do you yet realise that nobody really gives a stuff?

    What was embarrassing for Argentina's Government was that it was stuck there for so long and that the German company wanted payment up-front.

    The fact that they have paid-up and the repairs are now done isnt exactly a triumph: it just reminds everybody about the original f-up...and I'm pretty certain you think that its some sort of triumph...?

    which is, frankly, odd.

    Dec 23rd, 2012 - 06:22 pm - Link - Report abuse 0
  • Pete Bog

    @5
    “La Nacion and C5N have confirmed that ARA Espora has sailed from South Africa and is headed towards the Brazilian coast where it will join ARA Libertad to escort it into Mar Del Plata Naval base on January 9, 2013.”

    Yes, and they will stay in port where it is safe for them-good move!

    Dec 23rd, 2012 - 10:20 pm - Link - Report abuse 0
  • andy65

    Sorry let these two countries fight it out alone niether deserve any sympaphy

    Dec 24th, 2012 - 09:46 am - Link - Report abuse 0
  • British_Kirchnerist

    Of course the WB will sympathise with Repsol out of capitalist solidarity, but what can they do???

    Dec 24th, 2012 - 07:05 pm - Link - Report abuse 0
  • Troy Tempest

    @09 BK
    “Of course the WB will sympathise with Repsol out of capitalist solidarity, but what can they do???”

    Of course because it was outright theft by Argentina.

    No foreign investor is likely to put up their money in somebody else's industry
    ( Argentina's) if their assets and returns are going to be confiscated.

    Dec 25th, 2012 - 03:05 am - Link - Report abuse 0
  • Malvinero1

    Who cares about the brits scum.They are bankrupt and finished!1 AHAHAHAHAHAHPoor deluded pirates..The future is this: MALVINAS ARGENTINAS,uk FINISHED!!

    http://www.youtube.com/watch?v=XbLfje8_jgI

    http://www.youtube.com/watch?v=XbLfje8_jgI

    Dec 26th, 2012 - 04:02 am - Link - Report abuse 0
  • Captain Poppy

    You kirchnerites can say anything, but that's all you are doing is “saying anything” out of desperation. The history of the world is on the side of the USA, UK and most developed nations. You have nothing but UTUBE (a very intelligent substance of support I might add.......NOT). When you make an empty statement.....it means nothing.......just like argentina.....it means nothing. In all of you less than 200 years of history as a country, you will learn to work inside of the neighbor everyone calls “the world” and grow up and stop blaming “the world” for the problems argentina created for itself. BA is going through power outages again and it is no fault but kirchner's. Everything else that will happen this summer is kirchner's fault. The people suffer because of her.

    Dec 26th, 2012 - 11:31 am - Link - Report abuse 0
  • slattzzz

    Rumour has it a British nuclear submarine was trailing the espora but had to break off as the crew were laughing to much when on silent running

    Dec 27th, 2012 - 01:03 pm - Link - Report abuse 0

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