Brazil: Government underestimates diesel demand by 200 million liters

Compared to the previous report, the difference was even more significant, about 500 million liters. EPE projections for 2022 were below sales in the first quarter; the risk of shortage increases.

RIO DE JANEIRO, BRAZIL - Diesel sales in the country have exceeded the projections made by the federal government for 2022.

Data from the ANP (National Petroleum, Natural Gas, and Biofuel Agency) show that the domestic market demand in the first quarter alone was 200 million liters more than estimated in the most recent EPE (Energy Research Company) report, published in April.

Compared to the previous report, the difference was even more significant, about 500 . . .

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