18 maj: UPDATE:EBRD's Shareholders Choose UK's Chakraba..
18 maj: US Stocks Lean Lower As Facebook Optimism Fades
18-05-2012 20:01:00

Repsol Cancels Argentine LNG Shipments For 2012

Relateret indhold

MADRID -(Dow Jones)- Repsol YPF SA (REPYY, REP.MC) has decided to cancel 10 shipments of liquefied natural gas to Argentina scheduled for 2012 because it says an Argentine public energy company has failed to meet the terms of the contract, a spokesman for the company said Friday.

Kristian Rix, a spokesman for Repsol, said Energia Argentina SA, or Enarsa, a state-run energy company founded in 2004, repeatedly failed to meet the terms of the contract, including providing a letter of credit. He added that Repsol reserved the right to take legal action against Enarsa for breach of contract.

In early May, under the leadership of President Cristina Kirchner, Argentina nationalized 51% of YPF SA (YPF, YPFD.BA), the country's leading oil-and-gas company, leaving Repsol with at 6.4% stake.

YPF started as a state-controlled firm in 1922, before being privatized by the government in the 1990s, with Spain's Repsol YPF eventually taking control in 1999.

Kirchner's husband and predecessor, former President Nestor Kirchner, tried to get the federal government back into the oil business when he founded Enarsa in 2004. But Enarsa remains a bit player and is more of a natural gas importer than a serious producer.

-By Ilan Brat, The Wall Street Journal, +34-91-395-8125, ilan.brat@wsj.com

(END) Dow Jones Newswires

May 18, 2012 14:01 ET (18:01 GMT)

Copyright (c) 2012 Dow Jones & Company, Inc.

Opret kommentar

Relateret debat

  • 1 uge
  • 1 måned
  • 1 År
Ingen indlæg

Fondsbørsmeddelelser

Intermail FY: Underskud nedbragt trods stort fald i omsætningen

18-12-2014 15:06:02
Intermail, der producerer konvolutter og forsendelseskoncepter, havde igen røde tal på bundlinjen i regnskabsåret 2013/14, hvor omsætningen styrtdykkede til 416..

Novo indgår forskningsaftale med amerikanere - NY

18-12-2014 14:19:37
Novo Nordisk har indgået en forskningsaftale med amerikanske Xencor om at udvikle nye biologiske medikamenter gennem Xencors teknologiplatform.Det fortæller det..

Aktier/åbning: Mærsk og Vestas øverst i kraftigt stigende C20

18-12-2014 09:23:01
Det danske aktiemarked suser torsdag ud af startblokken med kursstigninger til samtlige aktier i det ledende C20-indeks. Investeringslysten har sit udspring i U..

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge
1
Vestas har kurs mod canadisk milliardordre
2
Putin: Økonomiske problemer vil vare højst to år
3
Rublen hopper og danser før Putins årstale
4
Carlsberg/Berenberg: Sælg-anbefaling droppet - anbefaler hold
5
SAS Q4: Voldsomme særlige poster gav røde tal

Relaterede aktiekurser

YPF SA 24,37 0,0% Aktiekurs uændret

Copyright Euroinvestor A/S 2014  Disclaimer Privatlivspolitik
Aktieinformation leveres af Interactive Data.
Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
 
19. december 2014 07:31:41
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20141211.1 - EUROWEB7 - 2014-12-19 07:31:41 - 2014-12-19 07:31:41 - 1 - Website: OKAY

Når du besøger Euroinvestor.dk accepterer du, at der anvendes cookies, som vi og vores samarbejdspartnere benytter til funktionalitet, statistik og markedsføring. Læs mere om cookies på Euroinvestor.dk her

x