Argentina's YPF (YPF +3.7%) reportedly expects to receive government approval to more than...

|About: YPF Sociedad Anonima (YPF)|By:, SA News Editor

Argentina's YPF (YPF +3.7%) reportedly expects to receive government approval to more than double natural gas prices to help fund expansions. YPF is basing a $37B five-year investment plan on a doubling of the average gas price, while the Neuquen province - home to the Vaca Muerta shale formation - is making the same assumption for its budget next year.