no pollution used ship oil refinery machine in argentina

                                               
                                               
                                               
                                               
                                               
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  • Why is the government of Argentina interested in oil & gas?
  • The Government of Argentina (GOA) sees the oil and gas sector as a major driver of exports and as a generator of foreign currency. The government is keen to attract foreign direct investment to spur economic growth. Argentina possesses the world¡¯s fourth-largest shale oil and second-largest shale gas reserves.
  • Who owns Argentina's oil & gas market?
  • Argentina's oil & gas market is majority-owned by the integrated energy company YPF, which has been involved in E&P operations since 1922. YPF is the country¡¯s largest oil and gas producer and owns more than half of Argentina¡¯s refineries.
  • Does Argentina have oil refineries?
  • Argentina has refineries to separate the crude oil that it buys from other significant oil-reserve nations. The largest oil refinery, La Plata, produces 189,000 barrels of oil daily. The second and third largest refineries, producing 110,000 and 105,500 barrels per day, respectively, are the Buenos Aires and Lujan de Cuyo refineries.
  • Is Argentina a good market for oil & gas extraction?
  • Argentina¡¯s potential in oil and gas extraction is huge, and it has been strongly highlighted again by the crisis in the Ukraine. Dutch companies that offer services to this industry, especially those related to environmental protection may have good opportunities in this market.
  • Does Argentina have a surplus of oil & gas?
  • Argentina traditionally had a surplus production of oil and gas with exports mainly to Chile. However, it has recently become a new importer of hydrocarbons. The nation is actively seeking investment to unlock its gas potential as demand rises, while facing challenges related to high production costs and conflicts with labour unions.
  • Who are the major oil companies in Argentina?
  • Argentina's upstream operations involve several international companies such as Chevron, Dow Argentina, Enap Eipetrol, and Statoil.