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Yacimientos Petroliferos Fiscales

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Yacimientos Petrolíferos Fiscales 

a state-owned petroleum monopoly in Argentina. The monopoly was formed in 1907, soon after the discovery of petroleum deposits. In the mid-1970’s it controlled 70 percent of the extraction and about 65 percent of the refining of petroleum in Argentina; it had six refineries, with a total capacity of 22.5 million tons, and its own tanker fleet. In 1974 the monopoly had sales of $1.7 billion, showed a net profit of $181 million, extracted about 14 million tons of petroleum, and employed 45,600 persons.



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The investment will give Bolivia "additional gas volume that will allow the country to meet commitments to the internal market and for export, mainly to the market in Argentina," said Carlos Villegas, head of Bolivia's state-run oil company Yacimientos Petroliferos Fiscales Bolivianos (YPFB).
27, a Bolivian businessman was gunned down in La Paz as he arrived for a meeting with a relative of Santos Ramirez, an ally of Morales and then-chief of the NOC, Yacimientos Petroliferos Fiscales Bolivianos (YPFB).
Energy markets opened to IOCs with the privatisation of Argentina's NOC, Yacimientos Petroliferos Fiscales (YPF), in 1993.
 
 
 
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