The Ecuadorian gasoline market will be supplied with some 200,000 barrels of super premium 95 octane gasoline this December 25. In addition to the announced first import of 95-octane gasoline of 25,000 barrels by the private company Primax Comercial del Ecuador SA, which was announced by the Minister of Energy, Fernando Santos, Petroecuador also reported that it will import an additional 175,000 barrels in the same date.
Both shipments will arrive aboard the STI Texas ship, coming from the United States and will be unloaded in Balao, Esmeraldas.
The state company also reported that it will grant all the facilities so that the company can carry out its operation. This is because Primax had signed a contract with Petroecuador for the Reception, Storage, Transportation and Dispatch service of the imported product. Petroecuador charges third parties for this service. The rate is set by the Agency for the Regulation and Control of Energy and Non-Renewable Natural Resources (ARC) through resolution 31 published in the Official Registry 354 of December 2020.
It is that to regulate the imports of public and private companies, the ARC issued the Regulation of Suppliers that established that companies interested in importing fuels should qualify as suppliers or have import permits as distributors.
In this sense, he indicated that Petroecuador is working with private companies coordinating this pilot import plan.
According to the public oil company, this import strengthens the management of improving the quality of fuels carried out by the Government through Petroecuador. The state company began importing super gasoline on October 26, 2022. At the moment there are 529 service stations authorized to distribute the 95 octane fuel. There are about 1,200 gas stations in the country.
the minister Fernando Santos considers that the drop in the price of gasoline worldwide, as well as the optimization through private companies, that have less operating expenses, could improve the price of this fuel. This will allow future consumers migrate to better quality gasoline. And this redounds in favor of the environment and the life of vehicle engines.
According to data from the Chamber of Distributors of Petroleum Derivatives (Camddepe), the current share of super gasoline is barely 2.5%. Most of it is held by gasoline with frozen prices: extra and ecopaís. The ecoplus -which is still in a pilot plan- barely reaches 1×1000 of the market. (YO)
Source: Eluniverso
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