Repsol-YPF tower CRIBA, a leading local contractor founded in 1952 by Alberto Tarasido. Façade and engineering was provided by Obras Metálicas S. A. On May 25, 2012, 21 days after the nationalization of YPF by the government of Cristina Fernandez de Kirchner, the YPF tower was lit in the colors of the Argentinean flag as a political statement to commemorate 202 years of self-governance. Repsol-YPF tower The YPF tower is a corporate high-rise building designed by internationally recognized architect César Pelli constructed in the Puerto Madero "barrio" (district) of Buenos Aires, Argentina. Construction began in 2005, and the office building was completed
YPF provinces subsequently revoked YPF leases representing a fifth of its oil production. Citing Brazilian oil giant Petrobras as an example, the president announced the introduction of a bill on 16 April 2012, for the renationalization of YPF: the national government would purchase a controlling 51% share, with ten provincial governments receiving the remaining 49%. Planning Minister Julio de Vido was appointed to head the Federal intervention, replacing CEO Sebastián Eskenazi. Repsol YPF CEO Antonio Brufau, Spanish Prime Minister Mariano Rajoy, and other Spanish officials objected to the nationalisation, accusing the Argentine government of driving down YPF shares ahead of the