YPF is an Argentine oil company engaged in the exploration and production of hydrocarbons and the refining and distribution of chemical and petrochemical products. The company is the country's main investor and employer and second largest exporter. It is also present in the fuel distribution market (diesel, gasoline, CNG, and aircraft kerosene). YPF operates a network of multiple pipelines for the transportation of refined products with a total length of 1,801km; 16 plants for the storage and distribution of refined products with an operating capacity of 983,620m3; and 1,642 service stations. In May 2012, Argentina's government finalized the expropriation of a 51% controlling stake in the company from Spain's Repsol.
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