US Oil Companies Interested In Investing In YPF

From Merco Press

According to Argentine government sources the companies that have been in contact include Exxon-Mobil, Chevron, ConocoPhillips and Apache and are ready to begin formal talks with YPF CEO Miguel Galuccio once the conditions are met.

Apparently in informal talks Galuccio admitted to a law that guarantees investments since this could also help counter Spain’s Repsol worldwide campaign warning peers that it is in the process demanding Argentina for the seizure of a majority stake in YPF.

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