Argentine energy giant YPF sticks with USD2.7 B capex plan despite debt woes

Argentine energy giant YPF sticks with USD2.7 B capex plan despite debt woes
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16.03.2021

MOSCOW (MRC) -- Argentine state oil giant YPF said it would maintain its USD2.7 billion 2021 investment plan despite only partially resolving a recent debt crisis, with USD1.3 billion of the spending for shale oil and gas production at Vaca Muerta, reported Reuters.The investment represents an 73% increase versus 2020, when the firm suffered a severe blow from the drop in international oi

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