YPF Profile
YPF Sociedad Anónima, an influential energy company based in Buenos Aires, Argentina, operates extensively in both upstream and downstream sectors of the oil and gas industry. The company's upstream activities encompass the exploration, development, and production of crude oil, natural gas, and natural gas liquids (NGLs), positioning itself as a key player in Argentina's energy landscape.
On the downstream front, YPF is involved in a diverse array of operations including refining, marketing, transportation, and distribution of oil, petroleum products, petrochemicals, liquefied petroleum gas (LPG), and biofuels. The company also engages in gas separation, natural gas distribution, and power generation, contributing significantly to the nation's energy infrastructure.
As of December 31, 2021, YPF boasts substantial assets, including interests in 119 oil and gas fields with proven reserves amounting to approximately 643 million barrels of oil equivalent (boe) and approximately 2,447 billion cubic feet (bcf) of natural gas. The company maintains a robust retail distribution network featuring 1,654 YPF-branded service stations and holds 18 exploration permits, ensuring a strong market presence across Argentina.
Founded in 1977, YPF continues to expand its operational footprint and technological capabilities. The company owns and operates three refineries with a combined annual refining capacity of approximately 120 million barrels, supported by an extensive infrastructure of crude oil pipelines totaling around 2,800 kilometers. YPF also manages terminal facilities at five Argentine ports and participates in 21 power generation plants with a total installed capacity of 3,091 megawatts, reinforcing its integral role in the country's energy supply chain.
|
