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CONTRACTUAL OBLIGATIONS (Tables) | 12 Months Ended
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Dec. 31, 2017
CONTRACTUAL OBLIGATIONS [Abstract] |
Contractual Commitments | As of December 31, 2017, the Company had the following contractual commitments:
|  |  |  |  |  | Estimated maturity date |  |  |  |  |  |  |  |  |
|  |  | Total |  |  | Due less than one year |  |  | Less than one year |  |  | 1-2 years |  |  | 3-5 years |  |  | More than 5 years |
Financial indebtedness (1) |  |  |  | 4,088.8 |  |  |  | - |  |  |  | 1,477.6 |  |  |  | 2,611.2 |  |  |  | - |  |  |  | - |
Purchase obligations (2) |  |  |  | 565.3 |  |  |  | - |  |  |  | 565.3 |  |  |  | - |  |  |  | - |  |  |  | - |
Financial Leases |  |  |  | 1,227.6 |  |  |  | 28.1 |  |  |  | 139.5 |  |  |  | 279.0 |  |  |  | 279.0 |  |  |  | 501.9 |
Total |  |  |  | 5,881.7 |  |  |  | 28.1 |  |  |  | 2,182.4 |  |  |  | 2,890.2 |  |  |  | 279.0 |  |  |  | 501.9 |
(1) | Corresponds to the cancellation of principal and interest of the financial indebtedness. For further information, see Note 13
(2) | Corresponds to purchase of natural gas contracts for the processing of liquids.

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