MercoPress. South Atlantic News Agency
Stories for May 2nd 2013
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Thursday, May 2nd 2013 - 07:06 UTC
YPF admits ‘inflation in Argentina is a problem” and could be higher by next year
Argentine nationalized energy company YPF warned on Tuesday that inflation in the country may keep rising and affect its results, a rare admission considering the company is controlled by a government known for playing down the problem.
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Thursday, May 2nd 2013 - 07:01 UTC
Morales expels USAID to protest Kerry’ reference of Latam as the ‘US backyard’
President Evo Morales expelled a US development agency from Bolivia, marking the latest confrontation between Washington and a bloc of populist governments in Latin America.
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Thursday, May 2nd 2013 - 06:33 UTC
Fire in Argentina knocks out main refinery and imports of gasoline and diesel trebled
Almost four million barrels of diesel and gasoline were shipped from Europe and the US to Argentina where a recent major fire in the country’s main refinery significantly diminished the supply of refined produce. The situation could extend for another two years, according to private estimates from the oil industry.
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Thursday, May 2nd 2013 - 06:25 UTC
Argentina natural gas imports in March soar 74% compared to a year ago
Argentina's natural gas imports rose 74% to 28.4 million cubic meters/d in March, compared with 16.3 million cu m/d in the year-earlier period, the country’s Energy Secretariat said Monday. Imports were up 16% compared with 24.5 million cu m/d in February, according to a monthly data report.
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Thursday, May 2nd 2013 - 06:18 UTC
Petrobras continues divestment program: sells blocks in US Gulf of Mexico
Brazil’s Petrobras is selling its 20% stake in the Gila prospect in the US Gulf of Mexico as part of its ongoing divestment program. The state-owned company said it had signed a sale and purchase agreement for the sale of its equity in exploration blocks KC 49, 50, 92, 93, 94 and 138, which make up the BP-operated asset.
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Thursday, May 2nd 2013 - 06:12 UTC
Falkland Island’s: Argentina reclaims “absolute and exclusive sovereignty over the Islands”
Defence minister Arturo Puricelli said that Argentines “are not prepared to tolerate the usurpation” of the Malvinas Islands ‘for the rest of our lives’ and the honour and glory for those who fought in the South Atlantic “is going to be recalled until we obtain absolute and exclusive sovereignty over our Islands”.
