| Term |
Definition |
| +GC Panel |
ByMA’s Corporate Governance Plus Panel |
| ABOL |
Argentine Business Organizations Law No. 19,550 |
| ADRs/ADSs |
American Depositary Receipts |
| AGIP |
Agip Oleoducto de Crudos Pesados BV |
| Albares |
Albares Renovables Argentina S.A. |
| ANSES |
Administración Nacional de la Seguridad Social (National Social Security Administration) |
| AR$ |
Argentine Pesos |
| Bbl |
Barrel |
| BCBA |
Bolsa de Comercio de Buenos Aires (Buenos Aires Stock Exchange) |
| BCRA |
Banco Central de la República Argentina (Central Bank of the Republic of Argentina) |
| BICE |
Banco de Inversión y Comercio Exterior (Investment and Foreign Trade Bank) |
| BNA |
Banco de la Nación Argentina (Argentine National Bank) |
| BO |
Boletín Oficial (Public Gazette) |
| Board of Directors/The Board |
Pampa Energía’s Board of Directors |
| Boe |
Barrels of oil equivalent |
| BOPS |
Bi–orientated polystyrene |
| BTU |
British Thermal Unit |
| Bylaws |
Pampa Energía’s Bylaws |
| ByMA |
Bolsas y Mercados Argentinos (Buenos Aires Stock Exchange) |
| CABA |
Autonomous City of Buenos Aires |
| CAMMESA |
Compañía Administradora del Mercado Mayorista Eléctrico S.A. (Argentine Wholesale Electricity Market Clearing Company) |
| CAU |
Cargo de Acceso y Uso (Access and Use Position) |
| CBs |
Corporate Bonds |
| CC |
Combined Cycle |
| CEE |
Comité Ejecutivo de Emergencia (Emergency Executive Committee) |
| CEO |
Chief Executive Officer |
| CFE |
Consejo Federal de la Energía (Federal Energy Council) |
| CFO |
Chief Financial Officer |
| CH |
Hydroelectric power plant |
| CIESA |
Compañía de Inversiones de Energía S.A. |
| Citelec |
Compañía Inversora en Transmisión Eléctrica Citelec S.A. |
| CMA |
Capital Markets Act No. 26,831 |
| CN |
Nuclear power plant |
| CNG |
Compressed Natural Gas |
| CNV |
Comisión Nacional de Valores (National Securities and Exchange Commission) |
| Code |
Pampa’s Code of Corporate Governance |
| COPOLAD |
Cooperation Programme between Latin America, the Caribbean and the European Union on Drugs Policies |
| CPB |
Central Piedra Buena S.A. |
| CPD |
Costo Propio de Distribución (Own Distribution Cost) |
| CPI |
Consumer Price Index |
| CSJN |
Corte Suprema de Justicia de la Nación Argentina (Supreme Court of Justice of the Republic of Argentina) |
| CT |
Thermal power plant |
| CTBSA |
CT Barragán S.A. |
| CTEB |
Central Térmica Ensenada Barragán |
| CTEB Trust |
Supplementary agreement pursuant to the global administration and financial trusts program for the execution of energy infrastructure works-Series 1- ENARSA (Barragán) |
| CTG |
Central Térmica Güemes |
| CTGEBA |
Central Térmica Genelba |
| CTIW |
Central Térmica Ingeniero White |
| CTLL |
Central Térmica Loma De La Lata |
| CTP |
Central Térmica Piquirenda |
| CTPP |
Central Térmica Parque Pilar |
| CVP |
Costo Variable de Producción (Variable Production Cost) |
| DAD |
Desconexión Automática de Demanda de Exportación (Automatic Export Demand Disconnection) |
| DAG |
Desconexión Automática de Generación (Automatic Generation Disconnection) |
| Dam³ |
Cubic decameters |
| DIGO |
Guaranteed Availability Commitments |
| DisTro |
High-Voltage Electric Power Transmission System and/or Main Distribution Electric Power Transmission System |
| DNU |
Decreto de Necesidad y Urgencia (Necessity and Urgency Decree) |
| DoP |
Deliver or Pay |
| E&P |
Exploration and Production |
| EASA |
Electricidad Argentina S.A. |
| EBISA |
Emprendimientos Energéticos Binacionales S.A. |
| EBITDA |
Earnings before interest, tax, depreciation and amortization |
| EcoEnergía |
EcoEnergía Co-Generation Power Plant |
| Edenor |
Empresa Distribuidora y Comercializadora Norte S.A. |
| Eg3 |
EG3 Red S.A. |
| ENARGAS |
Ente Nacional Regulador del Gas (National Gas Regulatory Entity) |
| ENARSA / IEASA |
Integración Energética Argentina S.A. (former Energía Argentina S.A.) |
| Energía Plus |
Energía Plus Program, SE Res. No. 1,281/06 |
| ENIM |
Ente Autárquico Intermunicipal de Cutral Có y Plaza Huincul (Cutral Có and Plaza Huincul Intermunicipal Autonomous Entity) |
| ENRE |
Ente Nacional Regulador de la Electricidad (National Electricity Regulatory Entity) |
| Exchange |
Voluntary exchange of Petrobras Argentina’s shares for Pampa’s shares |
| ExxonMobil |
ExxonMobil Exploration Argentina S.R.L. |
| FGS |
Fondo de Garantía de Sustentabilidad del ANSES (Sustainability Guarantee Fund of ANSES) |
| FO |
Fuel Oil |
| FOB |
Free on Board |
| FOCEDE |
Fondo de Obras de Consolidación y Expansión de Distribución Eléctrica (Fund for Electricity Distribution Expansion and Consolidation Works) |
| FODER |
Fondo para el Desarrollo de Energía Renovables (Fund for the Development of Renewable Energies) |
| FONINVEMEM |
Fondo para Inversiones Necesarias que permitan incrementar la oferta de energía eléctrica en el Mercado Eléctrico Mayorista (Fund for Investments required to increase the Power Supply in the Electricity Wholesale Market) |
| FOTAE |
Fideicomiso de Obras de Transporte para el Abastecimiento Eléctrico (Transportation Works Trust for Electricity Supply) |
| Foundation |
Fundación Pampa Energía |
| FS |
Financial Statements |
| FV |
Face Value |
| FX |
Nominal exchange rate(s) |
| Gas Plus |
Natural Gas Production Promotion Program, SE Res. No. 24/08 |
| GB |
Great Britain |
| GDP |
Gross Domestic Product |
| GE |
General Electric |
| GHG |
Greenhouse Gases |
| GO |
Gas Oil (Diesel Oil) |
| Government / National Administration / Federal Government |
Federal Government of the Republic of Argentina |
| GS |
Gas Station |
| GT |
Gas Turbine |
| GU |
Large Users |
| GUDI |
Large Distribution Company Users |
| GUMA |
Major Large Users |
| GUME |
Minor Large Users |
| GWh |
Gigawatt-hour |
| GyP |
Gas y Petróleo de Neuquén S.A.P.E.M. |
| HI |
Hydroelectric plants |
| HIDISA |
Hidroeléctrica Diamante S.A. |
| HINISA |
Hidroeléctrica Los Nihuiles S.A. |
| HPPL |
Hidroeléctrica Pichi Picún Leufú |
| Hydrocarbon Investments Committee |
National Plan for Hydrocarbon Investments’ Strategic Planning and Coordination Committee |
| IAS |
International Accounting Standards |
| ICBC |
Industrial and Commercial Bank of China Dubai Branch |
| ICC |
International Chamber of Commerce |
| ICSID |
International Centre for Settlement of Investment Disputes |
| IDB |
Inter-American Development Bank |
| IFRS |
International Financial Reporting Standards |
| IGJ |
Inspección General de Justicia (Public Registry of Organizations) |
| IMF |
International Monetary Fund |
| INDEC |
Instituto Nacional de Estadística y Censos de Argentina (National Institute of Statistics and Censuses) |
| IPIM |
Índice de Precios Internos al por Mayor (Wholesale Domestic Price Index) |
| IVC |
Índice de Variación de Costos (Cost Variation Index) |
| Kb/kbbl/kboe |
Thousand barrels/thousand barrels of oil equivalent |
| kCal |
Kilocalories |
| kton |
Thousand tons |
| kW |
Kilowatt |
| kWh |
Kilowatt-hour |
| LNG |
Liquefied Natural Gas |
| LPG |
Liquefied Petroleum Gas |
| LU300 |
Large users with demands in excess of 300 kW |
| LVFVDs |
Liquidaciones de Ventas sin Fecha de Vencimiento a Definir (Sales Settlements with Maturity Date to be Defined) |
| M3 |
Cubic meters |
| MAN Engines |
MAN Diesel B&W engines, model 18V32/40PGI |
| MAT |
Term Market |
| MAT ER |
Term Market from Renewable Energy Sources |
| MBTU |
Million BTUs |
| MDP |
Ministry of Productive Development (former SGE) |
| MECON |
Ministry of Economy |
| Medanito La Pampa |
25 de Mayo – Medanito Sudeste block, located in the Province of La Pampa |
| MEGSA |
Mercado Electrónico de Gas S.A. |
| Merval |
Mercado de Valores de Buenos Aires (Buenos Aires Securities Market) |
| MEyM |
Former Ministry of Energy and Mining |
| MinEn |
Former Ministry of Energy (former MEyM) |
| MMC |
Cost Monitoring Mechanism |
| MTO |
Cash tender offer to the minority shareholdings of Petrobras Argentina |
| MW |
Mega watt |
| MWh |
Mega watt-hour |
| N.a. |
Not applicable |
| N/A |
Not available |
| NGL |
Natural Gas Liquids |
| NYSE |
New York Stock Exchange |
| OCP |
Oleoducto de Crudos Pesados |
| OED |
Organismo Encargado del Despacho (Agency in Charge of Dispatch) |
| Offers |
The MTO and the Exchange |
| OldelVal |
Oleoductos del Valle S.A. |
| PACOGEN |
Pampa Cogeneración S.A. |
| Pampa / the Company / the Group / the Issuer |
Pampa Energía S.A. and its subsidiaries |
| Pampa’s Shares |
Pampa’s common shares in book-entry form with a face value of AR$1 each and each granting the right to one vote |
| PEB |
Pampa Energía Bolivia |
| PEFM |
Parques Eólicos del Fin del Mundo |
| PEISA |
Petrobras Energía Internacional S.A. |
| PELSA |
Petrolera Entre Lomas S.A. |
| PEMC |
Parque Eólico Ingeniero Mario Cebreiro |
| PEN |
Poder Ejecutivo Nacional (National Executive Branch) |
| PEPASA / Petrolera Pampa |
Former Petrolera Pampa S.A. |
| PEPE |
Parque Eólico Pampa Energía |
| Petrobras Argentina |
Former Petrobras Argentina S.A. |
| Petrobras Brazil |
Petrobras Brasileiro S.A. |
| PGSM |
Puerto General San Martín port |
| Pilot |
Blocks with an Initial Production of unconventional gas lower than 500,000 m3/d |
| PIST |
Transportation System Entry Point or natural gas price at wellhead |
| Plan Gas |
Plan Gas I, Plan Gas II and Plan Gas III |
| Plan Gas I |
Natural Gas Surplus Injection Promotion Program, SE Res. No. 1/13 |
| Plan Gas II |
Natural Gas Injection Promotion Program for Companies with Reduced Injection, SE Res. No. 60/13 |
| Plan Gas III |
New Natural Gas Projects Promotion Program, MEyM Res. No. 74/16 |
| Polisur |
PBB Polisur S.A. |
| PPA |
Power Purchase Agreement |
| PPI |
Wholesale Internal Price Index |
| Priority Demand |
Set of residential users, hospitals, schools, healthcare centers and other essential services |
| Producers and Refiners’ Agreement |
Agreement for the Transition to International Prices in the Argentine Hydrocarbon Industry |
| PTQ |
Petrochemicals segment |
| PUREE |
Program for the Rational Use of Electric Power |
| QSELH |
Quality, Safety, Environment and Labor Health |
| R&D |
Refining and Distribution segment |
| RBB |
Bahía Blanca Ricardo Eliçabe Refinery |
| RCD |
Campo Durán Refinery |
| RDSA |
Rivera Desarrollos S.A. |
| RECPAM |
Results from net monetary position |
| Refinor |
Refinería del Norte S.A. |
| RENPER |
Registry of Renewable Electric Power Generation Projects |
| Res. |
Resolution(s) |
| RET |
Régimen Especial Temporario (Temporary Special Regime) |
| RTI |
Integral Tariff Review |
| RTOP |
Public Offering Transparency Regime, Executive Order No. 677/01 |
| RTP |
Plant’s thermal reduction |
| S&P |
Standard & Poor’s Global Ratings |
| SACDE |
Sociedad Argentina de Construcción y Desarrollo Estratégico S.A. |
| SADI |
Sistema Argentino de Interconexión (Argentine Electricity Grid) |
| SBR |
Styrene Butadiene Rubber |
| SE |
Former Secretariat of Energy |
| SEC |
Security and Exchange Commission |
| Sect. |
Section(s) |
| SEDRONAR |
Secretariat of Planning for the Prevention of Drug Addiction and Action against Drug Trafficking |
| SEE |
Subsecretariat of Electric Energy (former Secretariat of Electric Energy) |
| Senior Management |
M. Mindlin, D. Mindlin, G. Mariani and R. Torres |
| SGE |
Former Government Secretariat of Energy (former MinEn) |
| SHC |
Subsecretariat of Hydrocarbons and Fuels |
| SME |
Subsecretariat of Electricity Market |
| Solidarity Law |
Social Solidarity and Productive Reactivation Law No. 27,541 within the framework of the Public Emergency |
| SOX |
Sarbanes-Oxley Act |
| SRH |
Subsecretariat of Hydrocarbon Resources (former Secretariat of Hydrocarbon Resources) |
| SRRYME |
Secretariat of Renewable Resources and Electricity Market |
| ST |
Steam Turbine |
| Telcosur |
Telcosur S.A. |
| TGS |
Transportadora de Gas del Sur S.A. |
| TIBA |
Transportista Independiente Buenos Aires S.A. |
| TJSM |
Termoeléctrica José de San Martín |
| TMB |
Termoeléctrica Manuel Belgrano |
| TOE |
Ton of oil equivalent |
| Ton |
Metric ton |
| ToP |
Take or pay |
| Trafigura |
Trafigura Ventures B.V. and Trafigura Argentina S.A. |
| Transba |
Empresa de Transporte de Energía Eléctrica por Distribución Troncal de la Provincia de Buenos Aires Transba S.A. |
| Transelec |
Transelec Argentina S.A. |
| Transener |
Compañía de Transporte de Energía Eléctrica en Alta Tensión Transener S.A. |
| TWh |
Terawatt-hour |
| UN |
United Nations |
| Unconventional Plan Gas |
Encouragement Program for the Investment in Development of Natural Gas Production from Unconventional Reservoirs Program, MEyM Res. No. 46, 419, 447 /17 and 12/18 |
| UNIREN |
Public Utility Contract Renegotiation and Analysis Unit |
| US$ |
U.S. Dollars |
| UTE |
Joint Venture |
| VAD |
Distribution Added Value |
| VAT |
Value-added tax |
| VCPs |
Short-Term Debt Securities |
| Vista Oil & Gas |
Vista Oil & Gas S.A.B. de C.V. |
| VRDs |
Debt Securities |
| WEM |
Wholesale Electricity Market |
| WFP |
Wind Farm Project |
| YPF |
YPF S.A. |
