Trafigura closes the acquisition of Pampa Energía’s downstream assets in Argentina

The Trafigura Group Pte Ltd, (“Trafigura”), one of the world’s leading independent commodities trading companies, has completed the acquisition of the majority of the downstream assets of Pampa Energia SA. These assets include more than 250 service stations and the Ricardo Elicabe refinery (BBR) located in Bahia Blanca.

Trafigura’s current operations in Argentina include a fluvial fleet and the Campana Terminal which supplies the Argentinian, Paraguayan and Bolivian markets with diesel and gasoline via the Parana River.

It is also rapidly developing a network of retail service stations across Argentina under the Puma Energy brand. The transfer of the assets and rebranding of the 250 service stations will be progressive and rolled out over the coming months.