Global Trade Alert
Global Trade Alert

Argentina: Expropriation of the Spanish participation of Repsol on the oil companies YPF S.A. Gas and Repsol YPF S.A.

Announcement

07 May 2012

In May 2012, the government of Argentina announced altered domestic business conditions for foreign investors.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

07 May 2012

Revocation date:

No revocation date

Updated: 07 May 2012
FDI: Treatment and operations, nes In force

On May 7, 2012, the Presidency of Argentina enacted the Law 26.741 that expropriates the assets that the Spanish petroleum company Repsol had on YPF S.A. Gas and Repsol YPF S.A.
 
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