Repsol nationalize its oil and gas production. Results however show that the move to nationalize actually hurt oil production in Argentina. Compared to the oil production in 2011, YPF’s oil production in 2012 fell by 8%, according to data from Argentina’s Department of Energy. Repsol had the backing of the EU and the US, and both powers condemned Argentina’s move as expropriation. President Fernández claimed that the state would seize 51% of YPF. In June 2013, Repsol rejected a $5 billion proposal from Argentina to compensate for the 2012 expropriation. The proposal also would have given Repsol drilling rights to 6.4%
Néstor Kirchner Cristina Kirchner's popularity increased greatly. As a result, she won the reelection in the 2011 general elections by a landslide. The "Relato K" built a cult of personality around the figure of Kirchner. While in office, Cristina Kirchner avoided referring to him by name, and talked instead about "He" or "Him", with emphasis on the pronoun and with a universally capitalized form. As in the English language, in the Spanish language this figure of speech is usually reserved to make reference to God. Kirchner was also compared with San Martín, in an attempt to raise him to a similar status