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Trafigura acquires downstream assets in Argentina

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Hydrocarbon Engineering,

The Trafigura Group Pte Ltd has acquired the majority of Pampa Energia SA’s downstream assets. These assets include more than 250 service stations and the Ricardo Elicabe refinery (BBR), located in Bahia Blanca, Argentina.

Trafigura’s current operations in Argentina include a fluvial fleet and the Campana Terminal, which supplies the Argentinian, Paraguayan and Bolivian markets with diesel and gasoline via the Parana River. It is also rapidly developing a network of retail service stations across Argentina under the Puma Energy brand.

The transfer of the assets and rebranding of the 250 service stations will be progressive and rolled out over the coming months.

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Downstream news Oil refinery news