Paraguay switches to Argus pricing
Petropar will use Argus price assessments in contracts to import oil products including gasoline, diesel, naphtha and LPG.
- Petropar will use Argus price assessments in contracts to import oil products including gasoline, diesel, naphtha and LPG.
- Other countries in the region that use Argus prices in contracts include Brazil, Bolivia, Argentina, Colombia, Mexico, Ecuador, Peru, Uruguay and Chile.
- Argus Media chairman and chief executive Adrian Binks said: "We are delighted that Petropar has chosen to switch its import prices for petroleum products to Argus.
- We have chosen Argus to index our fuel imports because its price assessments are a true reflection of the market.