26 April 2024
YPF loses further energy concessions
Publication date: 21 March 2012
Gas Strategies Group
10 Saint Bride Street
London UK
EC4A 4AD
ISSN: 0964-8496
Twitter @GasStrategies
Editorials
Subscriptions
Argentinian energy company YPF will have two concessions in the country’s Neuquén province taken away by the government due to a lack of investment and insufficient production, according to reports on Tuesday. The Neuquén province is home to huge untapped reserves of shale oil and natural gas, and last week YPF was dealt a blow when the Chubut and Santa Cruz provinces stripped the company of several concessions following similar accusations.