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Repsol S.A.
Buenos Aires, , Argentina

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Repsol has consolidated its growth strategy in recent years by taking decisive steps that have enabled it to develop new and attractive business areas, diversify its portfolio of assets and incorporate key projects to generate value for the company; all of which are strengths that today underpin its position in the global energy sector.

Strategic Lines

The group's strategy rests on four pillars: high growth of Upstream, maximising the return on Downstream and LNG (liquefied natural gas), financial strength and competitive compensation to shareholders.

High growth of Upstream (Exploration and Production)

The Exploration and Production area is the company's engine for growth, with investment focused on its exploration activity and 10 key growth projects, including some of Repsol's biggest exploratory successes in recent years. In these 10 projects, the company will focus its activities on Brazil, the United States, Russia, Spain, Venezuela, Peru, Bolivia, and Algeria.

Maximising returns from Downstream and LNG

The Downstream area (Refining, Marketing, Chemicals, and LPG) is becoming a cash-generating business as the projects already underway to extend the Cartagena refinery and Petronor refinery in Bilbao are completed, increasing conversion capacity and the company's operational efficiency. Repsol's liquefied natural gas (LNG) business will take advantage of integration across the entire value chain, maximising the profitability of Repsol's strong asset portfolio in the Atlantic and Pacific basins.

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