Brazil's ANP imposes minimum stock volumes

摘要

Brasilia-Brazil's fuel regulator, the ANP, has passed a decree requiring fuel producers and distributors to hold minimum volumes of gasoline and diesel in an effort to stabilize the country's fuel supply situation at a time when demand is rising at a faster pace than refining capacity. According to the decree, published in Mon- day's Official Gazette, companies have 120 days to adjust their stock levels to the mini- mum required. This volume will be calculated using a formula that takes into account the quantity of fuel sold by the unit in the same month of the previous year.