Oleoductos del Valle (‘OldelVal’)
As of December 31, 2018, Pampa holds a 2.1% direct interest in OldelVal. Oldelval operates main oil pipelines providing access to Allen, in the Comahue area, and the Allen – Puerto Rosales oil pipeline, which allow for the evacuation of the oil produced in the Neuquina Basin to Puerto Rosales (a port in the City of Bahía Blanca) and the supply of the Plaza Huincul distillery located in the pipeline’s area of influence.
In 2018, oil transportation from Allen to Puerto Rosales reached 20,737 m3 per day, and oil transportation to the refineries located in the Province of Neuquén totaled an average 2,576 m3 per day. The total transported volume was 24,145 m3 per day, equivalent to 55.4 million barrels transported in 2018, representing a 7.2% increase compared to 2017.
In 2018, Oldelval managed to maintain uninterrupted transportation services, ensuring operational continuity and a reliable pumping system. Furthermore, planned objectives were achieved in terms of safety and investments.