Is YPF government owned?
YPF was privatized by Carlos Menem and bought by the Spanish firm Repsol in 1999; the resulting merger produced ‘Repsol YPF’….YPF.
| Repsol-YPF tower in Puerto Madero, 2010 | |
|---|---|
| Net income | US$2.7 billion (2014) |
| Total assets | US$24.4 billion (12/2014) |
| Owner | Government of Argentina (51%) |
Does Repsol own YPF?
In 1999 Repsol bought 97.81% of the Argentine oil and gas company YPF S.A., which at the time was the largest oil-and-gas company in Ibero America. The acquisition better positioned Repsol as a multinational company. Repsol’s acquisition of YPF also increased its capital to 288 million shares worldwide.
Is YPF a national oil company?
Established in 1922, YPF was the oldest nationalized oil company outside the Soviet Union, and historically considered a national legacy and excluded outsiders. Yet it was privatized in July 1993 when company shares were sold on the Buenos Aires and New York stock market.
Does Argentina have crude oil?
Oil Reserves in Argentina Argentina holds 2,379,702,000 barrels of proven oil reserves as of 2016, ranking 33rd in the world and accounting for about 0.1% of the world’s total oil reserves of 1,650,585,140,000 barrels. Argentina has proven reserves equivalent to 9.2 times its annual consumption.
Where does Argentina get its gas?
Bolivia is the source of virtually all of Argentina’s pipeline natural gas imports. Following the installation of a new pipeline from Bolivia in 2012, Argentina has imported slightly more than 200 billion cubic feet (Bcf) each year from neighboring countries.
Can I show fake offer letter to get hike?
Please don’t! Companies doesn’t verify the offer letter but they have the idea on how much a particular company may offer for a position. If they say they can’t match the salary and you can take the offer, it may backfire on you.