Argentina’s Seizure of Oil Giant YPF Sparks Outrage

 
Argentina has a history of seizing foreign property. In the early 1980s it invaded the Falkland Islands, triggering a war with Britain. Now, it has taken control of YPF, the nation’s largest oil and gas company, which is (or at least was) owned by Repsol, a Spanish energy conglomerate. While blood is not likely to be spilled this time around, LIGNET sees trouble on the horizon for the rapacious, buccaneer Buenos Aires government that shamelessly breaks contracts.

To continue reading this LIGNET special report, upgrade your account status by clicking here.