The national government is making progress with the restoration of a incentive system for the internal supply of combustible.

(Christian Gaston Taylor)

Long weekend: where to fill up to pay less

After the last increases. price differences have increased between service stations in different regions of the country. A journey through the prices of Buenos Aires, Santa Fe, Córdoba and Mendoza.

through the Decree 86/2023 published this Wednesday in the Official BulletinThe Executive Branch explained that refining and/or integrated refining companies that “have the status of surplus domestic suppliers of grade TWO (2) or grade THREE (3) diesel fuel and/or gasoline with respect to relates to their diesel and/or gasoline production capacity, counting on the full utilization of its installed refining capacity and obtaining a bi-monthly rolling monthly participation in domestic diesel and/or gasoline supply which does not is not less than its average annual participation in the internal supply of diesel and / or gasoline in the year 2022 of more than ONE PER CENT (1%)”.

Additionally, they can join “Small refineries in affected regions –PReRA–” located in regions experiencing internal supply shortages of diesel and/or gasoline above the national average that “for reasons related to their geographical location, the degraded situation of the crude oil basin from which they are mainly supply and/or due to lack of local supply of crude oil at market conditions cannot use their refining capacity to the maximum if they have obtained, during the last TWO (2) months, a monthly volume average domestic market supply of diesel and/or gasoline higher by at least TEN PER CENT (10%) of its average monthly supply volume for the year 2022″.

FILE PICTURE. A butcher cuts beef at a butcher shop in Ciudad Juárez, Mexico. July 24, 2017. Picture taken July 24, 2017. REUTERS/Jose Luis Gonzalez

Reimbursements for purchases in butcher shops: the government has regulated the procedure for accessing the allowance

The measure, published in the Official Journal, establishes the reimbursement of 10% of the amount, which cannot exceed the sum of $2,000 per service and per calendar month.

He Internal Fuel Supply Incentive Scheme (RIAIC) was created in the middle of last year following the “complex global energy situation” which unfolded after Russia invaded Ukraine and which “generated an increasing escalation in international prices, affecting accessibility of energy resources, especially in developing countries”.

In this context, one of the problems facing the Argentine hydrocarbon industry is the structural inadequacy of the local refining capacity to fully meet growing demand, both industrial and from the automobile fleet. In the recitals of the decree published this morning, the Government indicated that “the situation has been aggravated by the gradual decline of the main conventional basins for the supply of strategic regional refineries and by the downward trend in the average density of crude oil produced, with its consequent effect on the productivity of refineries suitable for heavier crudes”.

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In fact, after the reinstatement of the regime, they can claim an amount equivalent to the amount that must be paid for liquid fuel and carbon dioxide taxes for imports of diesel and gasoline, with the following limits:

Chlorine is one of the most widely used disinfectants to prevent the spread of COVID-19. (Picture: File)

ANMAT has banned the sale of bleach due to irregularities in its labeling

The measure was published in the Official Journal and applies to the entire national territory. In addition to the lack of product information, it was noted that the manufacturing facility is not authorized

has for him imported diesel: up to a maximum equivalent to TWENTY PERCENT (20%) domestic market sales of imported, upgraded diesel between January 1, 2023 and February 28, 2023both dates inclusive.

b) For the oil imports: up to a maximum equivalent to SEVENTEEN PERCENT (17%) domestic sales of imported naphtha, upgraded between January 1, 2023 and February 28, 2023both dates inclusive.

“In the case of integrated refineries, an amount equivalent to that resulting from the multiplication of the sum of the fixed amounts of Taxes on Liquid Fuels and Carbon Dioxide applicable to diesel and/or gasoline, for ONE HUNDRED AND FIFTY PER CENT (150%) of the volume of crude supplied to refineries identified by the Enforcement Authority as small refineries in the affected regions,” reads the decree bearing the signature of the President Alberto Fernandezthe Minister of Economy Sergio Massaand the chief of staff Agustin Rossi.

The measure will govern all applications that are made within the time period established by the Department of Energy and for import operations of grade TWO (2) or grade THREE (3) diesel fuel and/or gasoline and for those corresponding to transfers of crude oil . to the PReRA, “carried out in the period between January 1, 2023 and February 28, 2023, both dates inclusive, and the Sanctioning Authority may extend this last period by TWO (2) additional months”.

The government justified the initiative “with the aim of guaranteeing the adequate supply of the domestic market, taking into account the existing gap between the price of imported diesel and naphtha and the price of said liquid fuels produced in local refineries”, with the aim of “protecting the balance between the two products, thus avoiding an increase in the price of these at the pump”.

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