A 10-year plan to develop exploration and production in Argentina’s oil and gas sectors has been outlined by the national oil company YPF’s new chief executive. But the plan, costing US$10 billion needs investors. Argentina’s recent re-nationalisation of Spanish owned YPF is hugely popular in the country but will the country’s track record frighten off foreign investors?

ARGENTINA is a most unwelcome country for foreign investment.

It has a growing trend for crony-capitalism together with a depressing decline in its administration of the law.

Combine these policies with its international perception as one of the most corrupt countries ...

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Dr. Joseph S. Tulchin
The government’s re-nationalisation of petroleum company YPF (Argentine National Petroleum Company) in April, 2012, was condemned almost universally in the global financial press. The timing of the announcement could not have been worse
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