Argentina's YPF hones in on privatization

Journal Article · Mon Sep 30 00:00:00 EDT 1991 · Oil and Gas Journal; (United States)

OSTI ID:5570812

This paper reports on Argentina's push to privatize and attract more foreign investment to its petroleum sector which continues to gather momentum. The Argentine government plans by year end 1992 to sell unprofitable assets of Yacimientos Petroliferos Fiscales, then sell as much as 50% of the state oil company through an international stock offering. If privatization proceeds as expected, YPF Pres. Jose Estenssoro the, the company's stock will be offered to private investors early in 1993. The company was founded in 1922. By March 1992, Argentina also will begin selling all assets of state owned Gas del Estado (GDE) through an international bidding process expected to take about 18 months.

• OSTI ID: 5570812
• Journal Information: Oil and Gas Journal; (United States), Vol. 89:39; ISSN 0030-1388
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
29 ENERGY PLANNING
POLICY AND ECONOMY
ARGENTINA
PETROLEUM INDUSTRY
PLANNING
WELL DRILLING
FINANCIAL INCENTIVES
GOVERNMENT POLICIES
INVESTMENT
MARKET
OWNERSHIP
RESOURCES
DEVELOPING COUNTRIES
DRILLING
INDUSTRY
LATIN AMERICA
SOUTH AMERICA
020700* - Petroleum- Economics
Industrial
& Business Aspects
294002 - Energy Planning & Policy- Petroleum