Petropar’s US$24.3 Million Aviation Fuel Tender Draws Fire Over a Hidden Partner in Paraguay
PARAGUAY · ENERGY Key Facts —What happened: Paraguay’s state oil firm Petropar is tendering aviation fuel supply worth up to US$24.3 million. —The price tag: The tender sets a reference price of US$1,208.613 per cubic metre, about US$1.21 per litre. —The timing: The tender comes four days after Petropar began selling jet fuel on 24 […] The post Petropar’s US$24.3 Million Aviation Fuel Tender…
Paraguay's state oil firm, Petropar, is issuing a tender for up to US$24.3 million worth of aviation fuel supply. The tender sets a reference price of US$1,208.613 per cubic metre, equivalent to roughly US$1.21 per litre. The company, Paraguay's state-owned oil firm, launched jet fuel sales on 24 August and now seeks to supply aviation fuel.
Petropar is forming a public-private partnership with an undisclosed private partner, who finances the operation. The tender comes four days after Petropar's jet fuel sales began. Paraná TV has criticized the deal as a "dubious business with a hidden partner." The tender raises questions about the undisclosed private partner's identity, the financial terms of the partnership, and potential conflicts of interest.
Written by urgent.news from The Rio Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
