Homogenize Service Stations: Fenegas' Proposals for Super Premium Gasoline Sales

The president of the National Federation of Hydrocarbons Entrepreneurs' Associations (Fenegas), Oscar Prosperi, requested Venezuelan authorities to homogenize service stations, meaning all gas stations in the country sell premium or "97 octane" fuel and the economic one. Banca y Negocios He also indicated that another request from the sector is that the gasoline subsidy should not be via fingerprint, but should be a direct subsidy to the consumer, in cash in their Patria account, and that the consumer can choose the service station where they want to get gasoline whenever they wish.

Homogenize Service Stations: Fenegas' Proposals for Super Premium Gasoline Sales

TL;DR

  • Fenegas president Oscar Prosperi requested the homogenization of Venezuelan service stations.
  • The proposal is for all gas stations to sell both premium (97 octane) and economic gasoline.
  • Fenegas also proposed direct cash subsidies to consumers via their Patria account, instead of fingerprint-based subsidies.
  • This would allow consumers to choose any service station for gasoline purchases.
  • Prosperi mentioned that current state policies are negatively affecting the sector and consumers.
  • A pilot plan for 97-octane gasoline is being implemented in 10 stations in Caracas and two per state in some regions.
  • Fuel sales at a Caracas station reportedly dropped from 1,000,000 liters to 2,000 liters per month.