Petropar Fuel Price Hike Adds 300 Guaraníes per Liter Across All Fuels
Paraguay's state oil company Petropar raised every fuel price by 300 guaraníes per liter from 17 August 2026, blaming costly international supply, and says the new levels can hold at least until mid-September. The post Petropar Fuel Price Hike Adds 300 Guaraníes per Liter Across All Fuels appeared first on The Rio Times .
The Petropar fuel price hike, implemented on August 17th, 2026 across Paraguay, increased the price of all fuels by 300 guaraníes per liter. This addition, equivalent to approximately five US cents, brings the costs of Diesel Porã to 8,290 guaraníes, Diesel Mbarete to 10,300, and Kape88 gasoline to 6,990 per liter. These new prices, slightly below those of private brands, allow Petropar to maintain its competitive edge despite international fuel prices remaining high.
Petropar President William Wilka explained that the adjustment was necessary to utilize the company's remaining inventories and noted that the cost structure for diesel and gasoline is heavily influenced by international fuel prices, which still cost more than US$1,000 per cubic meter. While diesel prices have risen by about 1,700 guaraníes per liter since February and gasoline by around 1,600, the weakened dollar against the guaraní has not fully offset these cost increases.
Wilka also dismissed the impact of biodiesel blending, estimating it at around 85 guaraníes. The company expects its pricing strategy to remain effective until the first half of September, aided by timely spot purchases. Additionally, Petropar has entered the aviation-fuel market with five plants planned in major cities, further solidifying its role in Paraguay's fuel distribution network.
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