Petrobras Argentina S.A. operates as an integrated energy company. The company’s Oil and Gas Exploration and Production segment engages in the oil and gas exploration and production activities primarily in Argentina, Bolivia, Ecuador, and Venezuela. As of December 31, 2012, this segment’s liquid hydrocarbon and natural gas proved reserves totaled 215.3 million barrels of oil equivalent, including 88.8 million barrels of oil equivalent and 758.9 billion cubic feet of gas. Its Refining and Distribution segment operates a refinery at Bahía Blanca that produces diesel oil, gasoline, fuel oil, intermediate fuel oil, and other oil related products; and operates a network of approximately 271 gas stations comprising 260 stations under the Petrobras trademark, 26 Spacio 1 convenience stores, and 5 agro-centers. The company’s Petrochemicals segment is involved in the production and sale of intermediate gasoline, aromatic solvents, hexane and other hydrogenated paraffinic solvents, propellants for the cosmetic industry, monomer styrene, rubbers, and polymers. Its Gas and Energy segment engages in the sale and trade of gas; provision of brokerage services to producers that outsource sales; and transportation of gas in southern region of Argentina, as well as in the generation and distribution of electricity through Hydro electrical and renewable sources. The company was founded in 1946 and is based in Buenos Aires, Argentina. Petrobras Argentina S.A. is a subsidiary of Petrobras Participaciones S.L.

Key Statistics