Argentina oil issues persist post-YPF nationalization

摘要

Buenos Aires-A little over a year after the renationalization of YPF, Argentina remains in the same spot of dwindling oil and natural gas production, rising energy imports and little financing available to make changes. The government took YPF, the country's biggest energy company, under state control in May 2012 by seizing 51% of the shares from Spain's Repsol, which it claimed had failed to invest locally.