NRGBriefs: Buenos Aires Power Outages

(Energy Analytics Institute, 3.Jan.2022) — Energy briefs including power outages in Buenos Aires, Argentina; Brazilian fuel distributors supplying 1.3bn liters of biofuels in the 1Q:22; Venezuela’s opposition-led National Assembly deciding to back Juan Guaidó for another yr; and more.

LATIN AMERICA AND THE CARIBBEAN

Argentina

— Residents in various sectors of Buenos Aires including Matadetos have been w/o electricity for number of days, according to TV reports from media output La Nación.

— Argentina’s Economic Minister, Martin M. Guzman, together w/ teams from the Electric Energy Undersecretariat, the Hydrocarbons Undersecretariat, ENRE and ENARGAS analyzed corrective tariffs for 2022. The subsidy segmentation tool will also be applied as of next yr, Argentina’s Energy Secretariat announced 31 Dec. 2021 over social media.

Brazil

— Brazilian fuel distributors connected w/ biodiesel producers to supply 1.3bn liters of this biofuel in the 1Q:22 (Jan.-Feb.), Brazil’s National Petroleum, Natural Gas and Biofuel Agency (ANP) announced 3 Jan. 2021 in an official stmt. Contracted volumes corresponded to about 50% above the estimated demand for biodiesel for the period, the ANP said.

Venezuela

— The opposition controlled National Assembly of 2015 voted to have Juan Guaidó remain the president of the entity for at least another yr, the assembly announced 3 Jan. 2022 in a stmt on its website. The National Assembly’s Delegate Committee will exert more control over protecting Venezuela’s int’l assets like Houston-based refiner Citgo while also having control to select diplomats for int’l postings, thus reducing Guaidó’s role as interim president to a more symbolic one.

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By Ian Silverman. © Energy Analytics Institute (EAI). All Rights Reserved.