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
Cristina Fernández de Kirchner with high treason. However, as a sitting senator, she enjoyed immunity from prosecution. On 5 March 2018, Fernández was indicted for obstructing investigation into the 1994 AMIA Bombing which killed 85 people, with Fernández allegedly making a deal with the Iranian government to stop investigating Iranian officials who may be involved in the attack in exchange for better prices on Iranian oil and other products. Fernández can still face trial despite her immunity, while legislators also have the choice to strip her of immunity. Both Kirchner and her former minister Florencio Randazzo wanted to run for senator for the Buenos