YPF, the energy company in which Argentina holds a majority stake said its next shale oil and gas partnership will be with a group including China’s Cnooc. A deal is expected to be signed sometime next month. Read full article
YPF are always about to sign a contract with someone.
It's amazing how often it doesn't actually happen.
There is NO promise that Argentina can give a potential investor that they would believe. After all, Argentina just breaks its promises, contracts and treaties.
First step: some were in the Patagonia...
then we will give the chinese the OK to go drilling in Argentina's sea, that means some were close to the islands, guess what... who is supporting RG's sovereignty on the Islands...
Answer, little problem for the british living over there....
It depends whether there is anything worth drilling for in the South Atlantic-the Argentine Shale fields are massive, but the oil fields around the Falklands don't have to be massive as they support 3000 people who already have 40% of their power produced by renewable sources.
China will not go all the way to the South Atlantic to drill for peanuts.
@7
First step: some were in the Patagonia...
then we will give the chinese the OK to go drilling in Argentina's sea,
Third step-then Argentina will expropriate the Chinese assets and get their asses kicked.
Comments
Disclaimer & comment rulesJust try to expropriate China's share. I dare you...
Aug 22nd, 2013 - 02:05 am - Link - Report abuse 0China will surely dominate in shaping the terms of the deal. Despite Cristina's desire to be a petty tyrant, she has very little to offer.
Aug 22nd, 2013 - 07:19 am - Link - Report abuse 0Most likely China is looking beyond the two year mark when Cristina will be out of the picture.
YPF are always about to sign a contract with someone.
Aug 22nd, 2013 - 08:33 am - Link - Report abuse 0It's amazing how often it doesn't actually happen.
There is NO promise that Argentina can give a potential investor that they would believe. After all, Argentina just breaks its promises, contracts and treaties.
Chevron, CNOOC, Dow, the billionaire Bulgheroni brothers and billionaire Eduardo Eurnekian ...
Aug 22nd, 2013 - 10:26 am - Link - Report abuse 0Yanqui and Chinese imperialists in league with the oligarchs - is that the way nationalization is supposed to work? Or was it just theft?
There is an old saying in Britain at times like these:
Aug 22nd, 2013 - 11:52 am - Link - Report abuse 0I will believe it when I see it.
4 Condorito (#)
Aug 22nd, 2013 - 12:20 pm - Link - Report abuse 0Aug 22nd, 2013 - 10:26 am
Of course it was theft, we're talking about the Kirchners!!!!!!!!!!!!
First step: some were in the Patagonia...
Aug 22nd, 2013 - 07:38 pm - Link - Report abuse 0then we will give the chinese the OK to go drilling in Argentina's sea, that means some were close to the islands, guess what... who is supporting RG's sovereignty on the Islands...
Answer, little problem for the british living over there....
a cagar tios !!!
7 hipolyte
Aug 23rd, 2013 - 06:10 pm - Link - Report abuse 0I thought you had died but I see from your post it was only your brain.
Idiota.
8, nope I just was a little bit tired of your comments, so I decided to take a rest from you, time to time I see the cover of this newspaper.
Aug 23rd, 2013 - 07:33 pm - Link - Report abuse 0China is going to drill over there very soon, clock is ticking !!! time is running out !! Gibraltar is ticking again also !!!
@9
Aug 25th, 2013 - 05:58 am - Link - Report abuse 0It depends whether there is anything worth drilling for in the South Atlantic-the Argentine Shale fields are massive, but the oil fields around the Falklands don't have to be massive as they support 3000 people who already have 40% of their power produced by renewable sources.
China will not go all the way to the South Atlantic to drill for peanuts.
@7
First step: some were in the Patagonia...
then we will give the chinese the OK to go drilling in Argentina's sea,
Third step-then Argentina will expropriate the Chinese assets and get their asses kicked.
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