YPF faces financial setbacks in gas business

YPF faces financial setbacks in gas business

Debt Corporate & Sovereign Strategy Gas Argentina Europe Latin America Coronavirus

Argentine state-backed energy company YPF is facing a new legal claim that could mar its finances after reaching an agreement to prematurely cancel a lease for a floating liquefaction terminal, setbacks that could push it deeper into financial problems. On Monday, an Argentine court ordered YPF to pay $231 million, plus interest and court fees, to the natural gas pipeline operator Transportadora de Gas del Norte for unpaid invoices from February 2007 to December 2011, according to securities fil

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