Enarsa Enarsa ENARSA, in full Energía Argentina Sociedad Anónima, is a state owned company in Argentina. It is engaged in for the exploitation of petroleum and natural gas, and the production, industrialization, transport and trade of these and of electricity. Enarsa was founded on December 29, 2004, by an initiative of President Néstor Kirchner. The initiative had the political goal of reinserting the state in an oligopolic market that was completely privatized during the Menem administration in the 1990s; these privatizations included the state oil firm YPF to the Spanish corporation Repsol, as well as its sister company, "Gas del Estado",
Presidency of Cristina Fernández de Kirchner which had been approved almost unanimously in Congress (only 3 senators opposed the law). Critics have stated that the President's attitude would threaten over 75% of the country's water reserves. Cristina Kirchner has travelled extensively as president, visiting Algeria, Brazil, Cuba, Egypt, France, Libya, Mexico, Qatar, Russia, Spain, the UK, the U.S. and Venezuela, among other nations. Following the June 28, 2009, mid-term elections, the ruling FPV's party list lost its absolute majority in both houses of Congress, shedding a further 24 seats in the Lower House (including allies) and 4 in the Senate. They lost in the four most