Russia's Gazprom, Argentina's YPF May Sign Document On Works On Gas Field - Ambassador

BUENOS AIRES (Pakistan Point News / Sputnik - 28th November, 2018) Russia's Gazprom gas giant and Argentina's YPF energy company may sign a document on the work on a specific gas field during the upcoming visit of Russian President Vladimir Putin to the Latin American country, Russian Ambassador to Argentina Dmitry Feoktistov told reporters.

Putin will visit the G20 Summit that will be held in Buenos Aires on November 30 - December 1.

"[The parties are going to sign] a document between Gazprom and YPF. The process is at the final stage and, hopefully, we will manage to sign this document ... This document will focus on a particular gas field, I cannot disclose all the details of the agreement" the ambassador said.

In April, Argentine Ambassador to Russia Ricardo Ernesto Lagorio told Sputnik that Gazprom and YPF may sign an agreement on joint exploration and extraction of gas at Argentina's Estacion Fernandez Oro field in the near future.

In 2015, Gazprom and YPF signed a framework agreement on joint hydrocarbons exploration and extraction in Argentina. In April 2015, the two companies signed a memorandum of cooperation, which stipulated cooperation in the area of exploration, production and transportation of hydrocarbons in Argentina and third countries.