According to Casa Rosada’s chief of staff, 5 ships with the fuel are “on the way” to supply shortages
O Argentine government chief of staff, Juan Manzur, said this Wednesday (June 29, 2022) that 5 ships with imported diesel should arrive in the country “in the next days” to supply the supply of fuel in the domestic market.
Manzur also spoke of measures to increase the percentage of biofuel in diesel and expanding domestic production at Argentine refineries at a time when the country is experiencing waves of protests against the shortage of diesel. The information is from the news agency Reuters.
In Argentina, the price of fuel is controlled at the pump and makes the country dependent on imports for about 1/4 of its diesel consumption.
On Saturday (June 25, 2022), Argentine Transport Minister Alexis Guerrera said in an interview with local radio that the scenario should normalize “in the next 15 or 20 days” with the arrival of imported shipments of fuel.
According to ClarinBuenos Aires, Córdoba, Mendoza and 13 other Argentine provinces suffer from problems of lack of fuel, with delays of up to 12 hours to fill up.
The Fadeaac shortage map (Argentine Federation of Cargo Transport Business Entities) estimates that 23 of the 24 districts in the country experience a lack of diesel at the pumps.
O roadblocks by truck drivers in Argentina against the shortage and high price of diesel could affect the flow of agricultural production in the country – which delivered 76% less grain to the main Argentine terminal compared to the same period in 2021, the Rosario Grain Exchange reported, according to the news agency. Reuters.
The country is the main exporter of processed soybean oil and meal in the world and is also among the main exporters of corn and beef and derivatives.
DIESEL INCREASINGLY EXPENSIVE
The price of diesel has increased because it is scarce in Argentine. On Friday (June 17), the country’s government approved a 12% increase in the price of fuel. The liter, which used to cost 113 pesos, now costs 126 pesos (R$ 5.22 at the current exchange rate).
However, prices are even more expensive in the interior of Argentina. In these places, the liter of diesel varies from 185 to 190 pesos (R$ 7.67 to R$ 7.88). The same amount of fuel amounts to 230 pesos when a vehicle transports more than 200 liters.
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