The government announced on Tuesday (14th) three decrees to regulate diesel and cooking gas subsidies. The measures respond to rising fuel prices caused by the Middle East conflict.
The government announced these measures in response to the Middle East conflict, which has affected the global oil market and caused fuel price increases. The three decrees establish rules requiring distributors benefiting from subsidies to report their profit margins weekly to ANP and define procedures for states that join the diesel subsidy program.
Three decrees will be published to regulate diesel and LPG subsidies
Distributors benefiting from subsidies must report their profit margins to ANP weekly
States will have until April 24 to join the subsidy measures
Minister Rogério Ceron stated that supply is 25% above demand
Minister Alexandre Silveira declared that 'the population will be the inspector at this moment'
The decrees will be published in the Official Gazette
The third decree aims to reduce the effects of LPG cost increases with an expected impact of R$ 300 million in the production chain
8,226 fuel stations were inspected in recent operations
378 investigations were opened against distributors
Covered by only some sources, or where the accounts diverge.
No gaps or divergences found — sources converge.
No gaps declared — all sources converge on the material facts.