Renationalization of YPF Renationalization of YPF President Cristina Fernández de Kirchner of Argentina introduced a bill on April 16, 2012 for the partial renationalization of YPF, the nation's largest energy firm. The state would purchase a 51% share, with the national government controlling 51% of this package and ten provincial governments receiving the remaining 49%. The bill was overwhelmingly approved by both houses of Congress, and was signed by the president on May 5. The government of Argentina eventually agreed to pay $5 billion in compensation to Repsol, which had previously owned YPF. YPF was founded in 1922 as the first oil company
Presidency of Cristina Fernández de Kirchner W. Bush. During her stay in Washington, she held meetings with Brazilian leader Luiz Inácio Lula da Silva (at the Four Seasons Hotel in Georgetown), Madeleine Albright (representing U.S. President-elect Barack Obama), Senator Christopher Dodd and Australia's Prime Minister, Kevin Rudd at the Park Hyatt Hotel. She then attended the G20 meeting in London April 2, 2009 and was given a seat of honour at the dinner held the night before at 10 Downing Street, when she was seated across from President Obama. Also in the year 2008, Cristina Kirchner vetoed the "Law of protection of the glaciers" ( ),