ANCAP (Administración Nacional de Combustibles, Alcoholes y Portland, English: "National Administration of Fuels, Alcohols and Portland") is a

state-owned company A state-owned enterprise (SOE) is a Government, government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn Profit (econom ...

Uruguay Uruguay (; ), officially the Oriental Republic of Uruguay ( es, República Oriental del Uruguay), is a country in South America. It shares borders with Argentina to its west and southwest and Brazil to its north and northeast; while bordering ...

. It is involved in the production of

petroleum Petroleum, also known as crude oil, or simply oil, is a naturally occurring yellowish-black liquid mixture of mainly hydrocarbons, and is found in geological formations. The name ''petroleum'' covers both naturally occurring unprocessed crud ...

products,

Portland cement Portland cement is the most common type of cement in general use around the world as a basic ingredient of concrete, mortar, stucco, and non-specialty grout. It was developed from other types of hydraulic lime in England in the early 19th c ...

and

alcoholic beverage An alcoholic beverage (also called an alcoholic drink, adult beverage, or a drink) is a drink that contains ethanol, a type of alcohol that acts as a drug and is produced by fermentation of grains, fruits, or other sources of sugar. The c ...

s. It operates Uruguay's single oil refinery at La Teja with a capacity of per day. ANCAP has a long-term corporate credit rating "BB-" with positive outlook by

Standard & Poor's S&P Global Ratings (previously Standard & Poor's and informally known as S&P) is an American credit rating agency (CRA) and a division of S&P Global that publishes financial research and analysis on stocks, bonds, and commodities. S&P is con ...

. 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 each, with water depths ranging from . In addition to Uruguay, ANCAP operates in

Argentina Argentina (), officially the Argentine Republic ( es, link=no, República Argentina), is a country in the southern half of South America. Argentina covers an area of , making it the second-largest country in South America after Brazil, th ...

where it owns Petrolera del Cono Sur, operating a petrol station network. In 2017, ANCAP and

UTE Ute or UTE may refer to: * Ute (band), an Australian jazz group * Ute (given name) * ''Ute'' (sponge), a sponge genus * Ute (vehicle), an Australian and New Zealand term for certain utility vehicles * Ute, Iowa, a city in Monona County along ...

opened an

electric vehicle network An electric vehicle charging network is an infrastructure system of charging stations to recharge electric vehicles. Many government, car manufacturers, and charging infrastructure providers sought to create networks. the largest fast-chargin ...

connecting

Colonia del Sacramento , settlement_type = Capital city , image_skyline = Basilica del Sanctísimo Sacramento.jpg , imagesize = , image_caption = Basílica del Santísimo Sacramento , pushpin_map = Uruguay , subdivisio ...

Rosario Rosario () is the largest city in the central provinces of Argentina, Argentine province of Santa Fe Province, Santa Fe. The city is located northwest of Buenos Aires, on the west bank of the Paraná River. Rosario is the third-most populous ci ...

Puntas de Valdez Puntas de Valdez is a village in the San José Department of southern Uruguay. Location The village is located on Route 1, about west of its intersection with Route 45. Its distance from the centre of Montevideo is . The headwaters The ...

, Montevideo, San Luis and

Punta del Este Punta del Este () is a seaside city and peninsula on the Atlantic Coast in the Maldonado Department of southeastern Uruguay. Starting as a small town, Punta del Este later became internationally known as a resort for the Latin and North American j ...

, with stations every 65 km. The stations at the Carrasco Airport and Colonia have 43 kW, whereas the other stations have 22 kW.Habrá carga gratuita para autos eléctricos entre Colonia y Punta del Este
– El Observador, 27 December 2017 ANCAP oil refinery

External links

Official website

References

Government-owned companies of Uruguay Oil and gas companies of Uruguay Centro, Montevideo Economy of Montevideo Companies based in Montevideo

Conglomerate companies established in 1931 Energy companies established in 1931 Non-renewable resource companies established in 1931 1931 establishments in Uruguay {{Uruguay-company-stub

See also

External links

References