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Downstream history

Downstream is everything that happens after the well and the pipeline: refining crude, turning it into gasoline, diesel, lubricants and petrochemicals, and selling it. Argentine refineries are more than a hundred years old and are now adapting to Vaca Muerta's light crude.

1906the Campana refinery, the oldest in operation, starts processing crude
~530 thousand bbl/dof crude processed by the country's refineries (July 2025)
5major refineries: La Plata, Luján de Cuyo, Dock Sud, Campana and Bahía Blanca

Timeline

Tap a milestone to see the detail.

Laws and policiesCompaniesInfrastructureTechnology
  1. Campana RefineryCompañía Nacional de Aceites starts processing crude for kerosene and lubricants.See more →
  2. La Plata RefineryYPF opens in Ensenada what will become the country's largest refinery.See more →
  3. Dock Sud Refinery (Shell)Shell opens its refinery in Avellaneda, with 1,000 tons of crude per day.See more →
  4. Luján de Cuyo RefineryYPF processes Cuyo Basin crude in Mendoza.See more →
  5. Privatization and sale of refineriesYPF sells refineries and adjusts refining to domestic diesel demand.See more →
  6. Biofuels lawMandatory blending of biodiesel into diesel and bioethanol into gasoline.See more →
  7. Bahía Blanca goes to Puma EnergyPetrobras sells the refinery and its service stations to Trafigura.See more →
  8. Refining Vaca Muerta crudeRefineries invest to process light crude and produce low-sulfur fuels.See more →

What it means for a supplier

  • Refinery turnarounds bring hundreds of contractors together over a few weeks: mechanical construction, cleaning, inspection, scaffolding, boilermaking and insulation.
  • Investments to process Vaca Muerta crude and produce low-sulfur fuels require engineering, pressure equipment and electromechanical construction.
  • Ver los proveedores de mantenimiento y paradas de planta en Downstream — Contractors.

Fuentes

Updated as of October 9, 2026. Anything to correct or add? Write to us.