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Fuel Shipments Arrive in Argentina to Ease Shortage

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Fuel shipments have started to arrive in Argentina to alleviate a shortage caused by high demand and rumors of price increases following the upcoming presidential election. The government has imported ten fuel shipments, with distribution expected to take a few days. Local refineries supply 80% of the market, while the rest comes from imports. The shortage has added to the frustrations of Argentines already facing an economic crisis with high inflation and a depreciating currency.

Iconic Wines, Local Food: A Fox Harb'r Dining Experience with Bram Bolwijn | SaltWireBUENOS AIRES - The Argentine government and oil companies on Saturday said fuel shipments are starting to arrive that in coming days should ease a shortage, after a spike in demand caused long lines at gas stations.

Royon attributed the shortage in part to tourism during a long weekend and rumors of possible price increases following the Oct. 22 presidential election. The run-off vote is Nov. 19.Argentine refineries supply 80% of the local market while the rest comes from fuel imports.

 

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