- Associated Press - Wednesday, September 21, 2016

BUENOS AIRES, Argentina (AP) - Argentina’s state-run YPF energy company says it will disclose clauses of an investment deal with U.S.-based Chevron Corp. to produce oil and gas by hydraulic fracturing in one of the world’s largest shale deposits.

The decision announced by YPF on Wednesday seeks to end a three-year legal fight over the deal for the Vaca Muerta deposit in southern Argentina.

YPF says its lawyers will turn in a copy of the contract to a local court Thursday.

It follows a 2013 request by a local lawmaker who alleged that the deal had secret clauses after YPF refused to disclose environmental and other information on the project.

Argentina’s Supreme Court and a federal appellate court ordered YPF to release all of the contract’s provisions.

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times is switching its third-party commenting system from Disqus to Spot.IM. You will need to either create an account with Spot.im or if you wish to use your Disqus account look under the Conversation for the link "Have a Disqus Account?". Please read our Comment Policy before commenting.


Click to Read More

Click to Hide