Exhibit 23.2

Technical and Management Advisers to the Petroleum Industry Internationally Since 1962		Four Oaks Place 1300 Post Oak Boulevard, Suite 100 Houston, Texas 77056

	Telephone:	(713) 850-9955
	Facsimile:	(713) 850-9966
	Email:	gcah@gaffney-cline.com

DKM/bgh/C1490.06/gcah.280.10

November 26, 2010

Mr.Guillermo Reda

YPF S.A.

Macacha Guemes 515

C1106BKK Buenos Aires

Argentina

Consent of Independent Petroleum Engineers

Gentlemen:

Gaffney, Cline & Associates Inc. hereby consents to the incorporation by reference of our third party report dated June 18, 2010 appearing in YPF, S.A's Annual Report on Form 20-F for the year ended December 31, 2009 in this Registration Statement on Form F-3 filed with the United States Securities and Exchange Commission November 26, 2010. We further consent to the reference to us under the heading "Experts" in the Prospectus, which is part of this registration Statement.

Very truly yours,

GAFFNEY, CLINE & ASSOCIATES

/s/ David K. Morgan

David K. Morgan

UNITED KINGDOM

UNITED STATES

SINGAPORE

AUSTRALIA

ARGENTINA

BRAZIL

KAZAKHSTAN

RUSSIA

UAE