Renationalization of YPF
President Cristina Fernández de Kirchner of Argentina introduced a bill on April 16, 2012, for the partial renationalization of YPF, the nation's largest energy firm. The state would purchase a 51% share, with the national government controlling 51% of this package and ten provincial governments receiving the remaining 49%. The bill was overwhelmingly approved by both houses of Congress, and was signed by the president on May 5. The government of Argentina eventually agreed to pay $5 billion in compensation to Repsol, which had previously owned YPF.
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Renationalization of YPF
President Cristina Fernández de Kirchner of Argentina introduced a bill on April 16, 2012, for the partial renationalization of YPF, the nation's largest energy firm. The state would purchase a 51% share, with the national government controlling 51% of this package and ten provincial governments receiving the remaining 49%. The bill was overwhelmingly approved by both houses of Congress, and was signed by the president on May 5. The government of Argentina eventually agreed to pay $5 billion in compensation to Repsol, which had previously owned YPF.
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President Cristina Fernández d ...... hich had previously owned YPF.
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35,869,303
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727,387,193
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President Cristina Fernández de Kirchner announces the bill to renationalize YPF.
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Government of Argentina, Repsol, Government of Spain, Petersen Group
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President Cristina Fernández d ...... hich had previously owned YPF.
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Renationalization of YPF
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