(Energy Analytics Institute, 5.Oct.2020) — Venezuela plans to initiate activities at 1,571 petrol stations across the country starting 5 October 2020 as part of a plan to normalize fuel distribution and marketing.
All petrol stations must be active and able to supply fuel including stations with international prices, announced state oil giant Petróleos de Venezuela (PDVSA) on 5 October in an official statement, citing economic vice president Tareck El Aissami.
The openings also applies to stations with subsidized prices that serve the public transport and cargo sectors.
Fuel distribution will be carried out based on the last number of vehicle license plates and corresponding to certain days of the week.
Venezuela continues to offer a direct subsidy of 120 liters per month for four-wheel vehicles, 60 liters per month for motorcycles and a 100% subsidy to public transport and cargo vehicles.
By Piero Stewart. © Energy Analytics Institute (EAI). All Rights Reserved.