Petroecuador has guaranteed that it maintains a normal supply of petroleum products for all authorized trading companies in all market segments throughout the country.

This after quotas were established in the delivery of fuel for some gas stations representing 9% of the total stations that exist in Ecuador and that the gas stations reported last Monday that in the areas of Manabí there are already problems in meeting the demand of the public due to the limits of the allocated quotas.

Minister of Energy: Diesel quotas applied to 109 gas stations out of 1,200 existing due to suspected diversions

The state oil company points out that it respects the quotas for the delivery of premium diesel in the segment of the automotive industry established by the Agency for the Regulation and Supervision of Energy and Non-Renewable Natural Resources at 109 gas stations, which is a measure aligned with the Government’s guidelines and the provisions of the hydrocarbon control body.

Both Petroecuador and the Ministry of Energy and Mining stated that there are approximately 1,200 gas stations in the automotive segment in the country and that 109 of them have quotas.

In Guayaquil, premium diesel is usually sold at gas stations at a subsidized price of $1.75 per gallon.

Gas stations warn of the quotas that will be set for them and demand control over all in the event of “serious distortions in consumption in the electricity sector that coincide with a drop in industrial consumption.”

The state oil company guaranteed that it had stock enough derivatives in its refineries and pure product terminals to guarantee timely supply and meet national demand.

The National Chamber of Distributors of Petroleum Products of Ecuador warned last Friday about quotas and requested that controls on the correct use of fuel be implemented for different segments of consumers, and not only for distributors serving the automotive sector, because “serious distortions are visible in fuel consumption in the electricity sector, which coincide with the decline in consumption in the industrial sector”.

The sector reported that the diversion problem does not occur with fuel distributors, but in the electricity industry sector, which would deliver that diesel to the industrial sector; and that the increase in consumption of diesel 2 for the power sector was 537%, while premium diesel in the power sector had an increase of 302%, and an industrial decline of 67%.