Showing posts with label NATIONALIZE REPSOL YPF. Show all posts
Showing posts with label NATIONALIZE REPSOL YPF. Show all posts

Tuesday, April 17, 2012

U.S. SPOKESPERSON ON ARGENTINA'S NATIONALIZATION OF CONTROLLING INTEREST IN REPSOL-YPF


FROM:  U.S. STATE DEPARTMENT
Argentina: Proposal to Nationalize Controlling Interest in Repsol-YPF
Mark C. Toner
Deputy Spokesperson
Daily Press Briefing
Washington, DC
April 16, 2012
Taken Question Office of the Spokesperson Washington, DC
QUESTION: Has the United States filed a WTO complaint against Argentina for plans to nationalize Spanish/U.S.-owned oil company YPF?
ANSWER: We are aware that Argentine President Cristina Fernandez de Kirchner proposed a draft law to nationalize a controlling interest in oil energy company Repsol-YPF. We are following developments on this issue. We are not currently aware of any WTO complaints related to this issue.


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