Venezuela: Officials Negotiating With Repsol over YPF Seizure
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Tuesday, 07 August 2012 |
The Venezuelan Government is intervening on the matter of Argentina's seizure of YPF shares from Repsol, according to Pagina 12. The newspaper cited Venezuela’s Oil Minister, Rafael Ramirez (pictured), as a source claiming that Repsol will meet with Venezuelan officials to discuss the dispute.
Venezuelan officials, who plan investments in Argentina, have called for an amicable solution to the dispute over YPF. Repsol has substantial exploration stakes in Venezuela.
PetrolWorld 07082012
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