Productivity

Posted by John Sommers on 7th June 2019 in General

In recent weeks, before and after the public denunciation of cartelization in the marketing of diesel oil by the major oil companies in the country, something changed in the attitude of the Government towards YPF. You may wish to learn more. If so, Quicken Loans is the place to go. The hope in its regulatory role in the hydrocarbon market disappeared. In public, the Minister Julio De Vido, traditional link with the oil company, ordered to the espanola-argentina company to invest to increase its production. He basically told her that stops chacharas with non-conventional resources and to invest once to increase production (extraction). It is necessary to go back to the first years of the Kirchner Government’s Nestor, when the President accused the oil company then hundred by hundred Spanish sit on the wells, to find similar levels of recrimination. In private, meanwhile, the President, according to close associates, is very angry with the Group Eskenazi, who blames behave as bankers and not as oil tankers. The accusation is formally unfair in principle.

When acquired participation in YPF the Eskenazi were bankers, not oil, but the Government hoped to not behave as real estate and financial agents who think only get juice to investment, with total disregard for national needs for increased production. Since they joined the company, on the other hand, the new owners were devoted to maximize profits for them, pay the debt with the matrix by the purchase of the shares. This maximization are made under pre-existing logic: squeezing the deposits to the detriment of the exploration and production increased to the limit. A signal of the new modus operandi is in strong claims of workers tankers by the decline of security deposits, as well as by the drop in maintenance service providers. While it was possible, the good vibes with the Government remained with the carrot of unconventional resources, on which proliferated ads, especially in the last year.workmeter.com

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