Thomson ReutersDecember 6, 2013 01:54
BUENOS AIRES (Reuters) - Argentina has begun talks with Repsol <REP.MC> about compensation to the Spanish oil major for last year´s nationalization of the South American country's top oil company, YPF <YPFD.BA>, a government official said on Thursday.
Argentine cabinet chief Jorge Capitanich told reporters that the long-awaited negotiations had begun but declined to elaborate on the progress or location of the talks.
"Negotiations with Repsol have begun. They are meeting," Capitanich told a news conference.