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YPF Eyes Increasing Interest In Mega To 72% With Petrobras Acquisition

05/06/201906/11/2019

ENERGY ANALYTICS INSTITUTE (EAI)

(Energy Analytics Institute, Aaron Simonsky, 6.May.2019) — YPF announced it’s desire in acquiring Petrobras’ 34% interest in gas separator Mega, after the Brazilian company announced plans to divest its holding.

In a conference with investors, YPF said it was interested in acquiring Petrobras’ participation, and that evaluations have already begun to move in that direction, online media Clarín reported.

Currently, YPF owns a 38% interest in Mega, while Petrobras holds a 34% interest and Dow the remaining 28% interest.

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ENERGY ANALYTICS INSTITUTE (EAI) https://energy-analytics-institute.org

Energy Analytics Institute (EAI), formerly LatinPetroleum.com, is a Houston-established private organization with a satellite presence in Calgary, Mexico City and Venezuela where it operates under Editores LatinPetroleum SA. Since 1999, EAI has been a leader in energy news coverage of Latin America in particular. Coverage, run out of Latin America, now spans the world and encompasses nearly all energy and energy-related sectors.