Planning Minister Julio De Vido assured that “many multinational companies” have already shown interest in engaging in talks with the Government to discuss a potential investment in the development of YPF, as well as areas of joint exploitation.
“Many multinational corporations, which the bill encourages to join us, in just a few hours have already shown interests in coming to talk to us in order to contribute to the value of these resources that we know exits,” he stated during a senatorial committees plenary meeting in which senators are discussing the bill that looks to expropriate YPF.
De Vido said that “those who assure that international companies will avoid becoming partners with YPF, are lying. The world needs oil, otherwise the price of the oil barrel wouldn’t be reaching $105.”
He added that “YPF’s maxim will be gas, oil and employment,” and appealed to the senators’ “patriotism” as he urged them to pass the bill.
“We need oil self-sufficiency to be considered a matter of public interest,” the minister said. “Just in these few hours that Axel (Kiciloff) and I spent in YPF, we increased oil production in a La Plata refinery by 5 percent. Next week it will be five percent more,” he stated.
Fuente: Buenos Aires Herald