
National Oil Companies
Thurber quoted on Argentina's planned re-nationalization of YPF
PESD associate director Mark Thurber argues in Bloomberg News that Argentina’s government should not expect a near-term boost in domestic fuel production from its planned re-nationalization of oil company YPF, which is majority-owned by Spain’s Repsol. Even over the longer term, national oil companies are not always effective instruments for serving government goals like increased domestic production. The timing is especially sensitive given the nascent development of Argentina’s massive unconventional hydrocarbon resources. Read more »
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