Gas stations – Summaries of news and views OnVenezuela

Venezuelan: more gas stations charge in dollars

See Post — Thu, 17 Mar 2022 11:51:53 +0000

Venezuelan drivers are feeling the squeeze of nagging gasoline shortages as state oil company PDVSA gradually boosts the number of its gas stations that charge them in dollars, five sources in the South American country said. By Mayela Armas. Full Text -> Financial Post

Traducción de cortesía -> Los conductores venezolanos están sintiendo la presión de la persistente escasez de gasolina a medida que la petrolera estatal PDVSA aumenta gradualmente el número de sus estaciones de servicio que les cobran en dólares, dijeron cinco fuentes en el país sudamericano.

Traducción al español -> Google Translación

Venezuela tightens grip on fuel stations after subsidy reform

See Post — Mon, 29 Jun 2020 12:00:00 +0000

Venezuelan state oil firm PDVSA has told independent gas station operators it can revoke their licenses “at any time,” only weeks after it cut generous fuel subsidies and as widespread shortages take hold, a notification PDVSA sent to the operators showed. PDVSA has a monopoly over the wholesale fuel distribution market and owns almost all of the country’s 1,200 service stations, although most are operated by private companies through commercial licenses. Full Text-> ArabNews

Venezuela Raises Fuel Prices and Enables Private Gas Stations

See Post — Thu, 04 Jun 2020 14:05:55 +0000

A new fuel price system has come into force in Venezuela. Fuel prices, traditionally the cheapest in the world, are being raised. As an innovation, private petrol station operators are now allowed to import petrol and sell it in foreign currency. By Juan Martinez. Full Text -> TheRioTimes

Venezuela relaxes lockdown with long lines at petrol stations

See Post — Thu, 04 Jun 2020 13:59:19 +0000

Banks and businesses such as shoe stores and hairdressers reopen in Venezuela after local authorities relaxed the lockdown in force since mid-March due to the COVID-19 pandemic, while scores of vehicles line up at petrol stations. Full Video-> Yahoo!News

Confusion Reigns in Venezuela on First Day of Higher Gas Prices

See Post — Tue, 02 Jun 2020 14:42:52 +0000

The good news is that there’s visibly more gasoline being pumped from fuel stations in the capital Caracas than in the previous weeks and months. The bad news is that lines are still miles-long and if you’re lucky enough to get to the front, many stations are facing problems accepting bank card transactions or scanning special cards meant for subsidies. By Fabiola Zerpa and Nicolle Yapur. Full Text -> Bloomberg

Venezuela to Close Pumps as Gas Runs Short, Viral Outbreak Grows

See Post — Sun, 22 Mar 2020 12:50:41 +0000

Just a few dozen of Petroleos de Venezuela SA’s 1,800 gas stations across the country will remain open and operated by the nation’s armed forces to allow medical, food and utilities’ transportation to fill up, said the people, who asked not to be named as the plan is still private. By
Fabiola Zerpa, Full text-> Bloomberg