Nationalization of oil supplies In April 2010, Argentina's president Cristina Fernández de Kirchner introduced a bill on April 16, 2012, for the expropriation 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%. Investment in exploration at YPF as a percentage of profits had been far below those in most other Repsol subsidiaries, and declines in output at the firm represented 54% of the nation's lost oil production and 97% in the case of natural gas. Market analysts and Repsol blamed the decline
Alicia Kirchner Alicia Kirchner Alicia Margarita Kirchner (born July 18, 1946) is an Argentine Justicialist Party politician. She is the elder sister of the late former President Néstor Kirchner and served in his government as Minister of Social Development, a role which she held under President Cristina Fernández de Kirchner, her sister-in-law, until the end of her presidential term on December 9, 2015. On December 10, 2015, she was sworn in as the governor of the Province of Santa Cruz. Kirchner worked as a teacher and social worker, holding a PhD in social work. From 1975 to 1983 she served as a