Oct. 17 (Bloomberg) -- Argentina’s Deputy Economy Minister Axel Kicillof said the government doesn’t plan to nationalize other energy companies, newspaper Clarin reported.
Kicillof told Senators yesterday that the country’s goal to be energy self-sufficient won’t be reached this year, according to the Buenos Aires-based newspaper.
He spoke as Argentina’s biggest electricity companies Empresa Distribuidora y Comercializadora Norte SA and Empresa Distribuidora Sur SA face financial difficulties, Clarin said. The government seized control of oil and gas producer YPF SA from Spain’s Repsol SA in April.
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