Petrobras says refineries in Brazil are unprepared for November demand

The Association of Fuel Distributors (BRASILCOM) says that members received communications from Petrobras commercial sector advising of a series of unilateral cuts in orders made for the supply of gasoline and diesel oil for the month of November.

RIO DE JANEIRO, BRAZIL - According to the distributors, state-owned Petrobras is imposing quotas for the supply of gasoline and diesel for next month. The case was brought by distributors to the National Agency of Petroleum, Natural Gas and Biofuels (ANP).

However, the oil company alleges that demand for gasoline and diesel oil exploded in October and November and that its refineries are unprepared to meet this growth.

According to Petrobras, the extra orders requested for November came 20% over its supply capacity for diesel and 10% over for gasoline, an "atypical" demand both in terms of volume and delivery . . .

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