The state-owned oil company YPF announced the acquisition of the remaining 50% of Refinor’s shares, thus becoming its sole shareholder. Until now, this participation belonged to Hidrocarburos del Norte, a company of Grupo Integra.
YPF acquires Refinor and consolidates its network in northern Argentina
With this strategic decision, YPF assumes complete control of the energy operator that manages a key network of more than 70 service stations in northwestern Argentina. in northwestern Argentina. The operation includes the Campo Durán refinery, the logistics node in Banda del Río Salí and a key transportation infrastructure for the region.
In addition to the strengthening of the distribution network, the transfer allows YPF to to consolidate the operation of the polyduct that connects its terminal in Montecristo (Córdoba) with Tucumán. This infrastructure is essential to guarantee the constant flow of fuels. fuels in provinces such as Salta, Jujuy, Catamarca, Santiago del Estero and Chaco.
The company indicated that it will work to integrate Refinor’s processes and operating standards to YPF’s value chain, which includes logistical improvements and uniformity in the quality of service. They also pointed out that this integration will optimize territorial coverage in areas where the presence of the state-owned company is critical for regional energy development.
Source and photo: YPF
