Repsol year. Electricity supply points in Spain kept steady with 2012 levels, at 3,772,000. Electricity effectively supplied decreased 3% from 2012 to 2013, to 32,766 GWh, mainly because of more clement weather conditions. In May 2012, the Argentine president Cristina Fernández de Kirchner, proposed the expropriation of 51% of Repsol’s shares in YPF. The Republic of Argentina's Yacimientos Petrolíferos Fiscales Act that was passed that summer made officially possible the expropriation of Repsol's shares. Repsol went to various international bodies to pursue legal action directly after losing its shares of YPF. The expropriation was an attempt by the Argentine government to
Cristina Fernández de Kirchner the chamber of deputies, including the number of legislators needed for quorum. The Kirchners had lost that majority in the 2009 elections. She invited children on stage during the celebrations, and Vice President Amado Boudou played an electric guitar. As she had in 2007, she gave a conciliatory speech. When she first took office, Cristina Kirchner replaced the previous minister of economy, Miguel Gustavo Peirano, who had been appointed by her husband as former president. Peirano was succeeded by Martín Lousteau in December 2007. He served as the first of several ministers of economy under her presidency. The attempt to