The company is a leading energy company in Argentina, which is involved in the whole oil and gas industry chain and is in a leading position in the market. The upstream business of the company includes the exploration, development and production of crude oil, natural gas and liquefied petroleum gas.
The downstream business of the company includes refining, marketing, transportation and distribution of petroleum and various petroleum products, petroleum derivatives, petrochemical products, liquefied petroleum gas and biofuels. In addition, the company also actively invests in gas separation and natural gas distribution directly or through several subsidiaries. The company gets the biggest income from the downstream departments.
A century ago, the HipólitoYrigoyen government of Argentina founded Yacimientos? PetrolíferosFiscales (YPF for short) manages and controls this valuable strategic resource.
The development of YPF is inseparable from the contribution of an Argentine general. 1925, Moske was promoted to general, and a huge project was implemented through the government budget. The first report he drafted showed that the accounts of the Petroleum Administration Bureau were very chaotic and its economic situation would be "listed as very bad". He insisted that YPF should have independent management rights relative to the Ministry of Agriculture.
Under the management of Moske Ni, the output of YPF Company increased from 348,888 m3 in 1922 to 872 17 1 m3 in 1929.
Argentina ypf
In Argentina, he is the protagonist of the YPF movement. Messi signed an agreement and became the main image of the energy company and the Argentine Football Association.
The chairman of YPF Sociedad Anonima is Miguel Angel Gutierrez, and the main shareholder is Lazard Asset Management LLC (8.06%).