YPF agrees with Exmar NV contract cancellation that will save $800 mn in 10 years

YPF reached an agreement with the Belgian group Exmar NV to cancel a gas liquefaction agreement and will save about $800 million over the next ten years. YPF will pay a total of $150 million as compensation for the annulment of the contract with EXMAR. The first payment was $22 million, and the rest will pay in 18 monthly instalments.

Source: Ámbito