Pampa Energia SA - Company Profile
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Business Description
Pampa Energia SA (Pampa) is an integrated energy company, which carries out operations in the electricity and gas value chains. It generates and transmits electricity in Argentina; explores for and produces oil and gas; produces and distributes petrochemicals; and commercializes and transports hydrocarbons in Argentina, Ecuador and Venezuela.
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Business Segments
Overview
Generates electricity using coal, wind, hydro and co-generation sources. Power plants: nine thermal generation plants, three hydroelectric generation plants and three wind farms. Sells electricity in the spot market, through contracts with Compania Administradora del Mercado Electrico Mayorista SA and through term contracts with users within the Wholesale Electricity Market’s Forward Market.
Performance
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Overview
Consists of financial investment transactions, holding activities, and interests in joint businesses CITELEC and CIESA and their respective subsidiaries hold 50% interest in Citelec, which in turn holds 52.65% interest in Transener. Transener operates and maintains high-voltage electricity transmission system in Argentina and holds 90% interest in Transba, which owns and operates a separate high-voltage transmission system within the Province of Buenos Aires.
Performance
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Overview
Explores and develops oil and gas fields. Along with joint operation partners, it also participates in exploration and production activities. Has interests in 14 areas, joint operations and agreements in Argentina, including 11 oil and gas production areas and three exploration blocks located within exploration areas or pending authorization for production. It operates as the contractual operator of eight of the 18 blocks that it has interests. Has natural gas production blocks in the Provinces of Neuquen and Rio Negro. Supplies gas to its power generation operations in Argentina, and to residential and gas distributors, compressed natural gas industries and exports during the summer season. Has investments in Oleoductos del Valle SA and Oleoductos de Crudos Pesados Ltd; and minor interests in four productive blocks in Venezuela.
Performance
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Overview
Carries out styrenics and catalytic reformer operations. It produces intermediate gasoline, hexane and other hydrogenated paraffinic solvents, propellants, monomer styrene, aromatic solvents, rubber and polymers. It serves customers in the cosmetic industry, and natural gas, virgin naphtha, propane, and other supplies. Operates an integrated petrochemicals complex at Puerto General San Martin in the Province of Santa Fe and polystyrene plant in the city of Zarate in the Province of Buenos Aires.
Performance
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