Petropar Collects $3.05 Million Guarantee After Contract Failure with Qatari Company; Conmebol President's Son Excluded from Investigation

Petropar has received the full $3.05 million indemnity from the bank guarantee of the terminated contract with Doha Holding Group LLC, which failed to deliver 100,000 tons of diesel. The state-owned company's president, William Wilka, states that there was no asset damage. The National Directorate of Public Procurement (DNCP) opened a summary proceeding against the Qatari company but excluded Alejandro Domínguez Pérez, son of the Conmebol president, due to lack of proven participation in the bidding process.

Petropar cobra garantia de US$ 3,05 milhões após fracasso de contrato com empresa catari; filho de presidente da Conmebol é excluído de investigação
Petropar cobra garantia de US$ 3,05 milhões após fracasso de contrato com empresa catari; filho de presidente da Conmebol é excluído de investigação

Petróleos Paraguayos (Petropar) has collected the $3.05 million corresponding to the bank guarantee of the diesel supply contract signed with the Qatari company Doha Holding Group LLC, terminated in April after repeated breaches. The information was confirmed by the state-owned company's president, William Wilka, during a visit to Mauricio José Troche.

The contract, signed on September 30, 2024, during the administration of former president Eddie Jara, provided for the delivery of 100,000 metric tons of diesel, valued at $61 million. Doha Holding requested ten extensions but never shipped the fuel. Faced with the failure, Petropar terminated the agreement and activated the contractual guarantee, equivalent to 5% of the total offer value.

“Petropar's side is fully covered and guaranteed that there was no asset damage,” Wilka said, adding that the administrative process is practically closed for the state-owned company. He confirmed that the National Directorate of Public Procurement (DNCP) ordered an audit of the bidding procedure.

The DNCP opened an administrative summary against Doha Holding Group and its representatives. On May 12, instructing judge Jazmín Torres issued an opinion excluding Alejandro Domínguez Pérez, son of Conmebol president Alejandro Domínguez, from the investigation. According to the document, although Domínguez Pérez was listed as the company's legal representative, he did not exercise that representation at any stage of the bidding process or contract execution. The same criterion was applied to other individuals who appeared copied on emails but without direct participation.

The summary continues against other shareholders and representatives of Doha Holding to determine responsibility for the contract breach.