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How will YPF's nationalization affect Argentina?


Please use this identifier to cite or link to this item: http://hdl.handle.net/1928/20567

How will YPF's nationalization affect Argentina?

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Title: How will YPF's nationalization affect Argentina?
Author: Inter-American Dialogue's Latin American Energy Advisor
Subject: Latin America
Cristina Fernández de Kirchner
Mariano Rajoy
hydrocarbon output
shale gas
Vaca Muerta
international relations
Abstract: Argentine President Cristina Fernández de Kirchner on April 16 announced that the government was immediately taking control of the nation's largest oil producer, YPF, and sending legislation to Congress to seize Repsol's 51 percent stake in the company. Fernández's government has complained that YPF under-invested in Argentina and has sent too much oil, and profits, abroad. Spanish Prime Minister Mariano Rajoy blasted Argentina's action, saying it lacked justification and was a 'negative decision for everyone.' Was the government justified in taking over YPF? How will the takeover affect investment in all sectors of Argentina's economy? How will the move affect Argentina's relations with other countries?
Date: 2012-04-30
Publisher: Inter-American Dialogue
Citation: Inter-American Dialogue’s Latin American Energy Advisor, April 30, 2012; pp. 1, 3-4.
Description: Re-posted with permission from the publishers as a PDF document as part of an Institutional Repository collection to aggregate energy policy, regulation, dialogue and educational materials.
URI: http://hdl.handle.net/1928/20567
Available at: http://www.thedialogue.org

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