Repsol files international complaint over YPF

2012-12-04 1,458

Repsol is taking further legal steps against Argentina for seizing the Spanish oil company's controlling stake in YPF - Argentina's biggest energy firm.

Repsol has filed a complaint with the World Bank's international arbitration forum calling the nationalisation "unlawful and discriminatory".

Legal specialists say it could take more than a year to complete the arbitration process.
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