In a press conference after the cabinet meeting, Manzur said the economic team “is working” on the matter and that there will be news “in the course of today or tomorrow.”
For this additional segment, the prices and volumes will be freely agreed with a cap on the import price of diesel, guaranteed that Secretariat, in a statement.
Likewise, he highlighted that Argentina has installed biodiesel production capacity that exceeds the mandatory cut and pointed out that this volume of incremental supply could represent more than 30% of the average monthly imports of diesel during the first four months.
In this framework, he justified the lack of diesel by pointing out that “The global energy situation today presents scenarios of scarcity along with high prices” for that fuel.
The domestic demand for diesel has faced increases of more than 14% during the first quarter of the year, compared to the same period of the previous year, according to official information.
For the Executive Power, increases “They have an impact on domestic refining capacity, which has generated pressure on imports and a complex situation regarding adequate supply of the volumes needed by the market.”
At the same time, he explained that the volumes sold in the diesel market during the first four months of 2022 exceeded those of the same period of the previous year by more than 580,000 cubic meters.
During the same period, imports were more than 530,000 cubic meters (112%) higher than the previous year, exceeding one million cubic meters and averaging 250,000 cubic meters per month.
“This highlights the need for alternative sources of supply that allow increasing supply in the short term and guaranteeing a growing supply of demand”highlighted Energy.
Source: Ambito
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