ANCAP (Uruguay)

ANCAP (Administración Nacional de Combustibles, Alcoholes y Portland, English: "National Administration of Fuels, Alcohols and Portland") is a state-owned company in Uruguay. It is involved in the production of petroleum products, Portland cement and alcoholic beverages. It operates Uruguay's single oil refinery at La Teja with a capacity of 50,000-barrel (7,900 m3) per day.[1] ANCAP has a long-term corporate credit rating "BB-" with positive outlook by Standard & Poor's.[2]

TypeState-owned company
Area served
ProductsPetroleum products, Portland cement and alcoholic beverages
The headquarters of ANCAP in Montevideo, Uruguay.

In December 2008, ANCAP launched Uruguay's first offshore licensing round, due for completion June 2009. It offered 11 blocks for oil and gas exploration covering areas ranging from 4,000 to 8,000 square kilometres (1,500 to 3,100 sq mi) each, with water depths ranging from 50 to 1,450 metres (160 to 4,760 ft).[3]

In addition to Uruguay, ANCAP operates in Argentina where it owns Petrolera del Cono Sur, operating a petrol station network.[4]

In 2017, ANCAP and UTE opened an electric vehicle network connecting Colonia del Sacramento, Rosario, Puntas de Valdez, Montevideo, San Luis and Punta del Este, with stations every 65 km. The stations at the Carrasco Airport and Colonia have 43 kW, whereas the other stations have 22 kW.[5]

The ANCAP refinery of Capurro

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  1. ^ "Paraguay/Uruguay". Energy Information Administration. November 2006. Archived from the original on 28 August 2008. Retrieved 4 January 2009.
  2. ^ "S&P release on Uruguay's ANCAP". Reuters. 22 July 2008. Retrieved 4 January 2009.
  3. ^ "Uruguay draws interest". Upstream Online. NHST Media Group. 31 October 2008. Retrieved 4 January 2009.
  4. ^ "Uruguay: Petrolera del Cono Sur lost US$2.98mil". South American Business Information. 19 March 2001. Archived from the original on 23 October 2012. Retrieved 4 January 2009.
  5. ^ Habrá carga gratuita para autos eléctricos entre Colonia y Punta del Este – El Observador, 27 December 2017