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Uruguay: Gas station operators fear rise in smuggling

By  |  April 7, 2015

The refusal by Uruguay’s National Fuel Administration, ANCAP, to bring down the price for gasoline has been criticised by gas-station owners and operators around the country’s southern border with Argentina, citing fears of a possible increase in fuel smuggling from their neighbor.

A spokesman for the group declared that “Lowering the price[…] would be a positive move, because it reduces the possibility that people will go somewhere else, outside the country, to buy fuel.”

ANCAP’s president, José Coya, has responded saying that any possible reduction of fuel prices would be negligible, as the worldwide drop in oil prices has reduced the agency’s margin of action. The agency will evaluate the situation over the upcoming days before determining price guidelines for the second quarter of 2015.

Full content: El País Uruguay

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