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November 9, 2021
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UTE and Ancap rates: what changes are expected for the rest of the year

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UTE and Ancap rates: what changes are expected for the remainder of the year and what looms for 2022

UTE and Ancap rates: what changes are expected for the rest of the year

UTE and Ancap rates: what changes are expected for the rest of the year

Economy and Business > Public companies

The short and medium term decisions on energy and fuels are set against extraordinary income from sales to Brazil; also the rebound in inflation

The government has frozen fuel rates for two months.

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Nov 9, 2021, 5:02 a.m.

In recent months, UTE and Ancap increased their cash income, product of energy exports to Brazil. In the fuel segment, the Executive Power appealed to those profits to keep the price of fees frozen and it avoided transferring the adjustment of international oil prices to the domestic market.

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