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Ypf Returns Restinga Ali with 84 Offshore Wells: Controversy over Environmental Liabilities and Commodore's Claim
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The Minister of Hydrocarbons of Chubut, Federico Ponce, explained the agreement that allows the return of the Restinga Ali area, with 84 offshore wells included in the compensation of U$S 25 million. The municipality sought to stop the agreement in Legislature and now evaluates a new strategy. The draft environmental ordinance could provide a framework for a future judicial claim. YPF’s withdrawal process from its mature areas left deep traces i…
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