The ministers of the national government highlighted the importance of the state energy company Yacimientos Petrolíferos Fiscales (YPF), on the 100th anniversary of its creation, which led to an act headed by President Alberto Fernández and Vice President Cristina Fernández de Kirchner at the property of Tecnópolis, in the Buenos Aires town of Villa Martelli.
Economy Minister Martín Guzmán said that YPF “is central to the development of energy in Argentina.”
“And today we face a great opportunity,” he completed in that line and in a brief dialogue with the press.
Meanwhile, the Minister of Productive Development, Matías Kulfas, stressed that “the company participated in the founding of many towns in the country, in the industrial development of Argentina.”
In addition, he referred that “on its 100th anniversary, today the development of Vaca Muerta is key”, since it is a place where the state company is making a strong investment in exploration and production.
Kulfas highlighted, in this context, the project for the Néstor Kirchner gas pipeline, which will have an extension of 563 kilometers between the Neuquén town of Treatyén and the Buenos Aires town of Salliqueló, because “Argentina today has what the world is demanding.”
“The world demands energy, it wants to replace many fuels with gas, which is the transition fuel, and Argentina has the capacity to do it, it has Vaca Muerta, which is precisely thanks to the policies that have been implemented.”
For the head of Production, “having recovered YPF” 10 years ago “and having it in its splendor means having a very important development project, where today there is indeed a production record in Vaca Muerta.”
For his part, the Minister of Security, Alberto Fernández, considered that “the hundred years of YPF serve to understand the history of Argentina.”
“Reviewing these 100 years of YPF serves to understand the history of Argentina. Former President Hipólito Yrigoyen had to wait three years for Congress to pass a law that would allow the creation of the company, and since it was not passed, he did so by decree,” he pointed.
