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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 10 sources · 22 days · First seen · Last updated
Petropar aviation fuel market expansion
Overview
Petróleos Paraguayos (Petropar) has entered the aviation fuel market by launching a new business line for the commercialization of JET A1 and AVGAS. This expansion is being conducted through a public-private partnership where a private operator handles infrastructure investment while Petropar manages importation and distribution.
The strategic plan includes the installation of five plants across Paraguay, with the first operational terminal located at the Encarnación International Airport. Petropar intends to increase its aviation market share from 4% to between 10% and 12% by the end of 2026, with a long-term target of 30% to 40% by 2027. Additionally, the company plans to update quality control laboratories to explore the development of Sustainable Aviation Fuels (SAF).
Entities
Paraguay · Marçal Filho · William Wilka · Petróleos Paraguayos · Petropar
Timeline
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[BUSINESS] 2 sourcesArtPetro to invest R$ 70 million in Dourados fuel terminal
Paraná-based ArtPetro will invest R$ 70 million to build a mixed fuel and biofuel terminal in Dourados, MS, aiming for operational status by 2027.
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[BUSINESS] 8 sourcesPetropar enters aviation fuel market with five-plant expansion plan
Paraguayan state oil company Petropar is entering the aviation fuel market, planning five plants to supply JET A1 and AVGAS through a public-private partnership.
Sources
diarioparaguayo.com · digitalmisiones.com.py · elheraldopy.com · itapuanoticias.tv · jd1noticias.com · noticieroparaguay.com · paraguayvirtual.com.py · rcn67.com.br · revistaplus.com.py · ultimahora.com.py