Bloomberg News

Enarsa Denies Bidding Process to Sell Oil Licenses Near Falkland

July 30, 2012

Energia Argentina SA, the state- owned company known as Enarsa, didn’t initiate a bidding process to offer licenses to explore for oil near the Falkland Islands, the Planning Ministry said.

Enarsa is working on a strategic partnership with YPF SA (YPF:US) to obtain cost savings regarding offshore exploration in the continental platform, according to an e-mailed statement today signed by Horacio Mizrahi, a spokesman for the Planning Ministry.

To contact the reporter on this story: Pablo Gonzalez in Buenos Aires at

To contact the editor responsible for this story: James Attwood at

Toyota's Hydrogen Man

Companies Mentioned

  • YPF
    (YPF SA)
    • $24.22 USD
    • -0.15
    • -0.62%
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