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Argentina ypf repsol 2012 04 16

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Cristina Fernandez says government will take 51% share in leading energy company
Argentina ypf repsol 2012 04 16

Guests cheer as Argentine President Cristina Fernandez de Kirchner announces that oil company YPF, controlled by Spain's Repsol, is subject to expropriation and that a bill being introduced would give the state a 51 percent share, during a speech at the presidential palace Casa Rosada in Buenos Aires on April 16, 2012.