In a context of a strong international increase in fuels, driven by the war between Russia and Ukraine, the Uruguay Executive Branch decided to reduce the impact to a 2% adjustment for gasoline, diesel and supergas.
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The reference of the Regulatory Unit of Energy and Water Services (Ursea) indicated increases of between 5% and 8%.
The adequacy of fuel prices will take effect from 00:00 on Tuesday, March 1 and will be 1.47 pesos per liter for Super 95 gasoline and 1.05 for 50S diesel. Supergas, meanwhile, is also adjusted by 2%, up to 60.35 pesos per kilogram.
In a press conference, this Monday, the 28th, the Minister of Industry, Energy and Mining, Omar Paganini, pointed out that we are in a moment of great volatility and that, when decisions are made, "they must be taken with great prudence and not project the maximum of the increase.
He added that later it is possible to monitor, see how it evolves and analyze if the trend is consolidated or the situation normalizes, the dialogue between the parties is recovered and peace is achieved, which would allow the cost of oil to return to a normal course.
The Secretary of State added that the price of fuel shot up to 95 dollars, above the Ursea's average for the month, which was 84 dollars.
He stressed that the impact of this on citizens is known and that is why an adjustment was made to mitigate it. She insisted that the fixed amount is the lowest that could be determined. He clarified that the Ancap box is fine and that is why it was possible to decide based on technical criteria, which he considered the most responsible.
In a statement, the Executive Branch ratified that it will continue to act with prudence and evaluate the situation in the face of the current volatility of the markets, while confirming its commitment to continue making costs transparent through the current pricing mechanism, which constitutes Likewise, a ceiling so that public rates are not used for collection purposes. ■
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