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
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" ( ),