Petropar has opened an international tender worth up to US$24.3 million, to be paid with public funds and used exclusively to purchase up to 20,000 cubic meters of aviation fuel, while planning five aeroplants with Paraguayan company Royal Energy, an aviation-sector distributor since 2017 whose selection resulted from a process whose publication by the National Directorate of Public Procurement (DNCP) has yet to be clarified.
Petróleos Paraguayos
Pytagua coverage mentioning Petróleos Paraguayos.
Petropar has begun selling Jet A-1 and AVGAS in Paraguay, with one plant operating in Encarnación and plans for five facilities through a public-private partnership that does not require direct state investment in infrastructure.
Paraguayan public entities are massively resorting to the argument of 'unavoidable urgency' to make purchases without bidding, a practice criticized by Senator Rafael Filizzola, who warns that the legal exception has become the rule.
Diesel price increases of up to 39% in Paraguay are pressuring freight transport and agricultural sector costs, while also raising the technical fare for public transportation, with risk of pass-through to consumer prices.
Paraguayan Senator Esperanza Martínez denounces that politicians, including senators, deputies, governors, and ministers, are linked to drug trafficking, finance campaigns with illicit money, and enjoy impunity, pointing to systemic tolerance for corruption in the country.
Court unanimously acquits former judge Tania Irún of misconduct charges in the Alto Paraguai lands case, while in a separate proceeding former Petropar president Sergio Escobar Amarilla is accused of breach of trust in a contract that caused billions of guaranis in losses.
The president of Paraguay's Congress asks Petropar to keep prices low to regulate the market, while he and other politicians, including former deputies and a senator, are linked to fuel stations of the state-owned company.
Private fuel distributors in Paraguay have increased prices by up to G. 800 per liter for diesel and between G. 500 and G. 600 for gasoline, citing the impossibility of maintaining previous prices in the face of high international oil market costs.
The government of Santiago Peña spent over US$ 22 million on advertising through Itaipú, which defends the expenditures, while Petropar plans to bid out promotional items like bags and uniforms, and lawmakers propose redirecting such funds to healthcare.
Moody's has maintained Paraguay's investment grade with a stable outlook, while construction on the Aña Cuá energy project at the Yacyretá dam has reached 76% completion.
The former president of Paraguay's state oil company Petropar, Delia Patricia Samudio, and her husband, José Costa Perdomo, have been arrested to begin serving prison sentences for embezzling 359.7 million guaranis from the state-owned firm in a fraudulent tender case involving tonic water during the pandemic.
The Petropar alcohol plant in Troche has recorded losses of $5 million and is transferring part of its production to private mills due to its inability to process all the raw material, sparking criticism over transparency and costs.
The high volatility of the Brazilian real against the Paraguayan guarani is reversing the trade flow on the Brazil-Paraguay border, encouraging Paraguayans to shop in Brazil while reducing the purchasing power of Brazilian informal cross-border traders and affecting the value of remittances.
Senator Walter Kobylanski resigned from the National Crusade Party, declaring political independence due to internal disagreements and criticism of the party's lack of renewal.
The Criminal Chamber of the Supreme Court of Justice rejected the final appeal and made final the sentence of Patricia Samudio to 4 years in prison and her husband, José Costa Perdomo, to 3 years and 9 months, for the embezzlement of G. 359.7 million from the state-owned company during the pandemic.