Law 26.741 on the achievement of hydrocarbon self-sufficiency

This law sets the achievement of self-sufficiency in hydrocarbons, as well as the exploration, exploitation, industrialization, transportation and commercialization of hydrocarbons to be a national public interest and a priority objective for Argentina. 51% of the state-owned enterprises Yacimientos Petrolíferos Fiscales (YPF) and Repsol YPF Gas are declared to be of Public Utility and subject to expropriation, increase of the investment flow and adequate supply of fuels.

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