you, morning and Thank you to Sergio, all. good
Sergio, levels, oil net by managing to also leverage our continuous five a after significant to profitability historical gas but stabilize company, marked for reducing our recovering XXXX and commented years levels production of turning only decline. already our As not our point sustain and
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market. Moving into the fuel local in pricing
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with year Finally, target, we that total whether for $X.X assessing with financial given average operate On liquidity although the ended of our maturities line should year. with last we the a have currently December to short-term of in million our XXXX liquidity billion decreased as amounted total note, obligations that financial consolidated in less future, significantly. less than $XXX of
This Furthermore, CAF The the time years, led million by many maturities. in recent the further needs. of transaction liquidity undergoing even A/B cross-border to comfortably reduces middle the obtained first sovereign by in after our short-term work, access of funding, financing possible financial of between exceeded a institutions several and YPF's showcasing ability the months IMF. short-term the cross-border $XXX loan group the was negotiations
March at such to capital comply regulations market certainly with transaction amortizations repay financings such that X ability was fully official Fortune reversed in as such months. FX has of come restriction, to the coming our Bank access the though end of granting with cross-border it the limit even of regulations extended to international bond addition, year, is that the this June companies that fully understanding the us our of Central YPF In until proceed due will
XXXX, in to XXXX. now during worth room with us market, ample will I Finally, tap providing and those to local took go net our switch future. that the relationship it that particularly noting our reduction with exposure to the reduced Sergio is sources the significant banks if place in through back for needed outlook debt
