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Weekly Report - 27 February 2014 (WR-14-08)

ARGENTINA: Repsol deal key to further investment in Vaca Muerta

With the settlement reached with the Spanish oil company Repsol, Argentina has removed one obstacle in its way to attract foreign investment in its potentially vast shale oil and gas field at the Vaca Muerta formation. The agreement is yet another step towards Argentina’s rapprochement with the international community, with the US State Department describing it as a “positive step”.

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