YPF Sociedad Anónima is an Argentine oil company engaged in exploration, production, refining, and marketing of petroleum and related products.
YPF Sociedad Anónima, a prominent energy company based in Buenos Aires, Argentina, is deeply involved in both upstream and downstream operations within the oil and gas sector. On the upstream side, YPF engages in extensive exploration, development, and production activities for crude oil, natural gas, and natural gas liquids (NGLs). This includes managing a substantial portfolio of 119 oil and gas fields, boasting reserves totaling approximately 643 million barrels of oil and 2,447 billion cubic feet of gas as of December 31, 2021.
In its downstream operations, YPF focuses on refining, marketing, and distributing a wide array of oil and petroleum products, petrochemicals, liquefied petroleum gas (LPG), and biofuels. The company operates three refineries with a combined annual refining capacity of about 120 million barrels. It maintains a robust network of infrastructure, including approximately 2,800 kilometers of crude oil pipelines capable of transporting up to 640,000 barrels of refined products daily, along with extensive crude oil tankage and terminal facilities across five Argentine ports.
Beyond traditional oil and gas activities, YPF is actively involved in power generation through its participation in 21 plants with a total installed capacity of 3,091 megawatts. The company also provides a diverse range of products and services essential to various industries, including diesel, fertilizers, lubricants, and phytosanitary products. Additionally, YPF supplies a broad spectrum of fuels, asphalt, sulfur, and other chemical products, demonstrating its comprehensive role in the energy landscape of Argentina and beyond.