Bloomberg News

YPF to Hold Joint Venture Talks With Gazprom, Clarin Reports

June 20, 2012

Russian President Vladimir Putin and Argentine President Cristina Fernandez de Kirchner discussed a possible partnership between the two countries’ state-run oil companies, Clarin reported, citing Argentine Foreign Minister Hector Timerman.

Putin suggested the possible joint venture between Russia’s OAO Gazprom (GAZP) and Argentina’s YPF SA during a meeting in Mexico, where the two presidents participated in the G-20 summit, the Buenos Aires-based newspaper said. Fernandez asked YPF Chief Executive Officer Miguel Galuccio to start working with Gazprom, Clarin said.

To contact the reporter on this story: Rodrigo Orihuela in Rio de Janeiro at rorihuela@bloomberg.net

To contact the editor responsible for this story: James Attwood at jattwood3@bloomberg.net


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