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  • Does Argentina have oil refineries?
  • Argentina has refineries to separate the crude oil that it buys from other significant oil-reserve nations. The largest oil refinery, La Plata, produces 189,000 barrels of oil daily. The second and third largest refineries, producing 110,000 and 105,500 barrels per day, respectively, are the Buenos Aires and Lujan de Cuyo refineries.
  • Who owns Argentina's oil & gas market?
  • Argentina's oil & gas market is majority-owned by the integrated energy company YPF, which has been involved in E&P operations since 1922. YPF is the country’s largest oil and gas producer and owns more than half of Argentina’s refineries.
  • How much money does Argentina make from oil?
  • Argentina, the eighth-largest nation in the world, is a South American nation. In comparison to other income sources, oil does not generate much money. Argentina has refineries to separate the crude oil that it buys from other significant oil-reserve nations. The largest oil refinery, La Plata, produces 189,000 barrels of oil daily.
  • Which country produces groundnut oil?
  • Argentina is a major producer of Groundnut, Sunflower and Soybean oil. According to OECD Argentina is the third largest exporter reaching about 7.9% of the world vegetable oil exports in 2027. In South America, ground nut mainly harvested in Northern Argentina and South Bolivia and Brazil in which majority of the species are found.
  • Why is the government of Argentina interested in oil & gas?
  • The Government of Argentina (GOA) sees the oil and gas sector as a major driver of exports and as a generator of foreign currency. The government is keen to attract foreign direct investment to spur economic growth. Argentina possesses the world’s fourth-largest shale oil and second-largest shale gas reserves.
  • Who are the major oil companies in Argentina?
  • Argentina's upstream operations involve several international companies such as Chevron, Dow Argentina, Enap Eipetrol, and Statoil.