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Pampa Energia SA (PAM.BA)

PAM.BA on Buenos Aires Stock Exchange

51.70ARS
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Fri, Dec 8 2017

Trafigura buys downstream oil assets in Argentina from Pampa Energia

LONDON, Dec 8 * Commodities trader Trafigura said it has agreed to buy an oil refinery, over 250 service stations, a lubricants plant and fuel storage terminal in Argentina from Pampa Energia SA * The sale is expected to close in early 2018, Trafigura said in a statement * Trafigura already has a retail presence in the country as well as a fluvial fleet and the Campana terminal in Argentina that delivers refined products to Bolivia and Paraguay * The transaction is worth $90 million,

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