51 percent of company currently owned by Spain's Repsol By Daily Mail Reporter PUBLISHED: 07:11 EST, 17 April 2012 | UPDATED: 09:19 EST, 17 April 2012 Argentine president Cristina Fernandez has begun moves to renationalise the country’s largest oil company, risking a major row with Spain.Fernandez hopes to take a majority stake in oil and gas company YPF by taking control of 51 percent of its shares currently held by Spain's Repsol.Both Repsol and Spain strongly oppose the move and have warned that it could turn Argentina into an international pariah. Argentina's President Cristina Fernandez - next to an image of former first lady Eva Peron to whom she has been compared - outlines a controversial plan renationalise the country's largest oil company YFP
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51 percent of company currently owned by Spain's Repsol
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Argentina
Argentina
People, carring a banner with the colors of the Argentine flag that reads in Spanish "YPF belongs to the @placeholder," demonstrate in support of a bill
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Spain
@placeholder will decide specific measures against Argentina's decision to seize control of leading energy company YPF, a unit of Spanish oil major Repsol, at cabinet meeting on Friday, according to its foreign minister.