YPF to Hold Joint Venture Talks With Gazprom, Clarin Reports

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

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.