Repsol losses due to YPF nationalization can hit 1.28 billion euros in 2013.

Repsol SA, the Spanish oil company, will write 1.28 billion euros off its profit for 2013 due to the loss as a result of the nationalization of a majority stake in Argentina's YPF SA in 2012, MarketWatch news agency reported with reference to the Spanish company.

The publication of the Repsol financial report for 2013 is expected on February 26.

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