Trafigura completes first crude export using new Derivación pipeline in Argentina
Bahía Blanca, 28 January 2026 - Between 26th and 30th December 2025, the tanker vessel VS Pride loaded 71,000 m³ of crude oil from producers in the Neuquén Basin bound for the United States. The export was carried out from Dock No. 3 in Puerto Galván, using the logistics system of the Bahía Blanca Refinery and the Derivación Pipeline recently inaugurated by Trafigura.
This new pipeline, a strategic investment made by Trafigura together with Oldelval, enables direct connection of the main pipeline system with Dock No. 3 in Puerto Galván, alleviating operational restrictions and optimising operating capacity.
The loading of the VS Pride—a 228-meter-long vessel—and the synergy with the Derivación pipeline enabled the Bahía Blanca Refinery, in coordination with the Puerto Rosales consortium, to maximise logistical efficiency, directly connecting production from the Neuquén basin with the international market.
This operation consolidates Trafigura as a strategic logistics provider for oil from Vaca Muerta, demonstrating that investments in transport infrastructure are key to scaling up the region's export profile.
The pipeline was inaugurated in early November last year, constituting a strategic channel for the country's crude oil transport system that improves operational flexibility and export capacity from the Neuquén Basin.
The new pipeline, 14 inches in diameter and 11 kilometres in length, connects Oldelval's Allen–Puerto Rosales main system with the Bahía Blanca Refinery. The project required an investment of over USD$30 million and was executed meeting the highest quality, safety, and environmental standards.
ENDS
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Trafigura’s Press Office: +41 (0) 22 592 4528 or media@trafigura.com
About Trafigura
Trafigura is a leading commodities group, owned by its employees and founded over 30 years ago. At the heart of global supply, Trafigura connects vital resources to power and build the world. We deploy infrastructure, market expertise and our worldwide logistics network to move oil and petroleum products, metals and minerals, gas and power from where they are produced to where they are needed, forming strong relationships that make supply chains more efficient, secure and sustainable. We invest in renewable energy projects and technologies to facilitate the transition to a low-carbon economy, including through MorGen Energy and joint venture Nala Renewables.
The Trafigura Group also comprises industrial assets and operating businesses including multi-metals producer Nyrstar, fuel storage and distribution company Puma Energy, the Impala Terminals joint venture and Greenergy, supplier and distributor of transportation fuels and biofuels. The Group employs approximately 14,500 people, of which over 1,400 are shareholders, and operates in over 150 countries.
Visit: www.trafigura.com