Page 12 - LatAmOil Week 07 2022
P. 12

LatAmOil                                        PARAGUAY                                            LatAmOil



                         It also reported that prices for 88-octane,
                         93-octane and 97-octane gasoline had gone up
                         from PYG6,080 ($0.88), PYG6,810 ($0.98) and
                         PYG7,820 ($1.13) per litre to PYG6,680 ($0.96),
                         PYG7,360 ($1.06) and PYG8,420 ($1.21) per
                         litre respectively. Additionally, it said the cost of
                         Ecoplex 85-octane gasoline had climbed from
                         PYG6,595 ($0.95) to PYG7,195 ($1.04) per litre.
                           Meanwhile, it noted that prices for Porã die-
                         sel, with a maximum sulphur content of 50 ppm,
                         would remain at PYG6,350 per litre.
                           The statement also said that Petropar was
                         authorising filling stations that were more than
                         50 km away from its plant in Villa Elisa to charge
                         higher prices that reflected their freight costs.
                         It did not specify, however, whether the state-
                         owned company would impose any specific
                         limits on those extra charges.
                           According to MercoPress, Petropar’s pol-
                         icy shift led some Argentinian fuel retailers to
                         express concern about the possibility that Para-
                         guayan consumers might cross the border to fill
                         their tanks and take advantage of pricing differ-
                         entials. As a result, local authorities in Posadas,
                         an Argentinian city near the border with Para-  Filling station’s price list, adjusted for distance from Villa Elisa (Image: Petropar)
                         guay, instructed filling station owners to charge
                         higher prices and set quotas for foreign buyers.   Paraguayans. One filling station owner said in
                         These new instructions were supposed to take   an interview with a local radio station that he
                         effect on February 11.               feared the new measure might lead to supply
                           Some fuel retailers in Posadas have   shortages or hurt the economy by discouraging
                         expressed concern about the higher prices for   tourism in the border region. ™




                                                     ARGENTINA
       Argentinian court orders YPF and partners



       to put offshore seismic study plans on hold






                         AN Argentinian court has blocked the national
                         oil company (NOC) YPF and its partners Shell
                         (UK) and Equinor (Norway) from moving
                         ahead with seismic surveys at offshore blocks
                         located off the coast of Mar del Plata, located
                         about 400 km south of the nation’s capital of
                         Buenos Aires.
                           The court issued an injunction against the
                         surveys after Guillermo Montenegro, the mayor
                         of Mar del Plata, teamed up with several envi-
                         ronmental organisations to deliver a presenta-
                         tion criticising the plan to collect seismic data
                         from the offshore sites. In that presentation, the
                         mayor and his supporters called attention to
                         the potential for environmental damage, say-
                         ing there could be permanent harm if a proper   YPF, Equinor and Shell aim to collect data from 3 offshore blocks (Image: Equinor)
                         assessment was not conducted before the studies
                         took place.                          hearing the mayor’s petition. He cited “the pos-
                           According to court documents, Federal   sibility of irreparable damage derived from the
                         Judge Santiago Martin ordered “the immediate   execution of the exploration work” as the reason
                         suspension of the approval of the project” after   for his decision.



       P12                                      www. NEWSBASE .com                       Week 07   17•February•2022
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