Russia Deepens Energy Cooperation With Argentina


Russia and Argentina signed documents deepening energy cooperation on Thursday, underlining Moscow’s drive to develop ties with South America since coming under Western sanctions over the Ukraine crisis.

At a ceremony in the Kremlin, Russian President Vladimir Putin and Argentine President Cristina Fernandez hailed the agreements as opening a new stage in relations as well as boosting cooperation on gas and nuclear energy in Argentina.

Russian state-owned gas producer Gazprom signed a memorandum on cooperation with Argentinian state oil company YPF, while Russia’s Rosatom signed a similar deal for construction of a nuclear power plant in Argentina.

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