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REP Repsol Ypf, S.A.

33.46
0.00 (0.00%)
22 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Repsol Ypf, S.A. NYSE:REP NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 33.46 0.00 01:00:00

Spain's Gas Natural in Race for Argentina LNG Contracts -Report

19/12/2012 1:37am

Dow Jones News


Repsol Ypf (NYSE:REP)
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Spain's Gas Natural Fenosa (GAS.MC) has entered the race for large liquefied natural gas contracts to supply Argentina despite strong opposition from Repsol SA (REP.MC), one of Gas Natural's main shareholders with a 30% stake, reports Expansion in its Wednesday Internet edition.

Earlier this year, Argentina expropriated a 51% stake in YPF from Repsol.

Through its state-run companies Enarsa and YPF SA (YPF), Argentina is expected to buy more than 80 LNG cargoes next year, with a market value of some $3.3 billion or more than 2.5 billion euros, according to the newspaper.

Newspaper website: www.expansion.com

Write to Enza Tedesco at enza.tedesco@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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