Diesel Importers Association Says Pending R $ 122 Million from ANP in Late Subsidies

Diesel Importers Association Says Pending R $ 122 Million from ANP in Late Subsidies

By Marta NogueiraRIO DE JANEIRO (Reuters) - The Brazilian Association of Fuel Importers (Abicom) is still awaiting approval of late payments of about 122 million ...

By Marta NogueiraRIO DE JANEIRO (Reuters) - The Brazilian Association of Fuel Importers (Abicom) is still awaiting the approval of late payments of about R $ 122 million by the ANP regulator under the federal government's diesel subsidy program, the official said. president of the entity Sérgio Araújo, on Wednesday.Another about 6 million reais, expected by the associate Petro Energia, were approved on Tuesday by the ANP to be paid.Problems in the government subsidy program have greatly reduced private imports.With this, experts are warning about the risk of fuel supply in the fourth quarter, a threat that the ANP dismisses, amid stronger action by Petrobras.Of the total amount of arrears for Abicom members of approximately 128 million reais, all referring to the second phase of the grant program, Araújo stated that 83 million reais should have been paid on July 26, while others around 45 million reais were forecast for August 20.In addition to Petro Energia, Abicom's o...


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