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2 clusters · 5 sources · 4 days · First seen 18 days ago · Last updated 14 days ago

Paraguay energy and fuel sector developments

Overview

Paraguay is addressing challenges within its energy and fuel sectors. Legislators have been debating a bill to increase transparency regarding fuel cost structures. The goal of this initiative is to address market asymmetries where international price increases are passed to consumers more quickly than price decreases. Senator Luis Pettengill noted the proposal aims to establish a cost reference index to ensure predictability in hydrocarbon commercialization without arbitrarily fixing prices.

Concurrently, the country faces potential energy shortages as electricity demand is projected to rise significantly, with experts suggesting current generation sources may only meet demand until between 2028 and 2030. In the fuel sector, the state-owned company Petropar has launched a US$24.3 million tender for aviation fuel supply. This tender has faced scrutiny from local media concerning an undisclosed private partner involved in the operation.

Entities

Petropar · Luis Pettengill · ITAIPU · Paraguay · National Competition Commission

Timeline

14 days ago

[BUSINESS] 3 sources
Paraguay faces energy shortages and fuel tender scrutiny
Paraguay faces an energy transition as experts warn of dwindling cheap electricity, while state oil firm Petropar faces scrutiny over a US$24.3 million aviation fuel tender.
18 days ago

[BUSINESS] 2 sources
Paraguay debates law for fuel cost transparency
Paraguay is debating a bill to increase transparency in fuel cost structures to ensure price drops are reflected for consumers.

Sources

1000noticias.com.py · centraldeportes.com.ar · diarioparaguayo.com · riotimesonline.com · wochenblatt.cc