(Energy Analytics Institute, 2.Oct.2020) â Oil unions in Argentina reached an agreement with state oil and gas entity YPF SA for a salary increase of 16.2% over basic salaries as of March 2019 and which will be “non-remunerative” and payable from 1 September 2020.
YPF will also pay two “fixed non-remunerative” sums, with an amount to be defined, in November 2020 and February 2021, reported the daily newspaper ClarĂn.com 2 October 2020.
The salary increase was reached between YPF President Sergio Affronti and officials from Argentinaâs oil and gas unions in RĂo Negro, NeuquĂ©n and La Pampa,
YPF looks to resume activity in Neuquén where the company does not have any operational equipment conducting activities in the Vaca Muerta formation, the media reported.
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By Aaron Simonsky. © Energy Analytics Institute (EAI). All Rights Reserved.
