HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 11.Apr.2025, Words: 1,890) — Argentina’s YPF Sociedad Anónima owns 3 refineries — La Plata (Buenos Aires), Luján de Cuyo (Mendoza) and Plaza Huincul (Neuquén) — with a combined capacity to refine 337.9 thousand barrels per day (Mb/d) across the country.
Together, these 3 refineries, strategically located along YPF’s crude oil and refined product pipeline distribution systems, hold over 50% of the South American country’s total refining capacity. Impressively, the 3 refineries boasted a combined utilization rate of 89% in 2024. Something out of the ordinary for national oil companies (NOCs) such as Petróleos Mexicanos (Pemex) in Mexico and Petróleos de Venezuela (PDVSA) in Venezuela.
