Argentine oil company to charge more for diesel for foreign vehicles

Argentine oil company YPF decided, this Wednesday (8), to charge a higher price to supply foreign license plates with diesel, at a time of fuel shortage.

Company sources confirmed to EFE Agency that light cars and heavy transport vehicles with foreign license plates will only be able to fill up with Infinia Diesel – YPF’s highest quality fuel – at a price per liter of 240 pesos ( the equivalent of about BRL 9,25).

The measure has already started to be applied in the province of Mendoza (on the border with Chile) and in the coastal region (on the border with Brazil, Uruguay and Paraguay).

According to data from the Argentine Federation of Cargo Transport Business Entities, 19 of 24 districts in which the country is divided suffer from diesel supply problems, fuel widely used in agricultural machines, trucks and passenger buses, among others.

The “supply map” prepared P this business entity shows that, with the exception of the hydrocarbon producing provinces in the south of the country, the other districts have difficulties in accessing fuel.

The shortage of diesel started to cause concern two months ago, when rural producers reported that they did not have enough fuel to harvest their crops and then transport them to storage locations and export ports.

Shortly thereafter, the shortage worsened and spread through the central and northern regions of the country, generating serious problems in the transport of goods and passengers.

The months of grain harvest and shipment to the port are traditionally those in which the demand for diesel increases in Argentina, which is usually reflected in a rise in imports of this fuel in this period.

However, this time, the country faces a scenario of lack of foreign exchange and exceptionally high international energy prices.

In addition, the demand by diesel has grown in border areas due to foreigners who find fuel cheaper in Argentina than in neighboring countries.

Amid growing demand from farmers, industrialists and transporters, the Argentine government promised last week to increase diesel imports to normalize supply.

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