Fenegas reports that the "Súper Premium" gasoline pilot plan in Venezuela only registers 2% of sales

El Diario Venezuela - elDiario.com - Fenegas reports that the "Súper Premium" gasoline pilot plan in Venezuela only registers 2% of sales

Fenegas reports that the "Súper Premium" gasoline pilot plan in Venezuela only registers 2% of sales

TL;DR

  • The "Súper Premium" gasoline pilot plan in Venezuela, exclusively payable in dollars, only accounts for 2% of total sales.
  • Fenegas president Óscar Prosperi requests the incorporation of bolivar payments and unification of payment systems in gas stations.
  • The "Súper Premium" gasoline is intended for recent vehicle models, representing about 15% of the national fleet.
  • There are 16 gas stations nationwide distributing this high-octane gasoline.
  • Prosperi also proposed a shift in fuel subsidies from a fingerprint-based system to direct cash subsidies to consumers via the Patria system.
  • A prior check by El Diario in February found the strategy concentrated in six selected gas stations in Caracas, exclusively selling this high-octane variant.
  • The "Súper Premium" gasoline costs $1 USD per liter and requires payment in physical dollars.
  • Higher octane (97) is beneficial for modern, turbocharged, or high-performance engines, while standard gasoline (91 or 95) suits most conventional vehicles.
  • 91-octane gasoline is for vehicles made before 2000, and 95-octane is for those made after.