4T pressure and IP lose share in fuel

During the second half of 2021, motor fuel imported by private companies in Mexico lost ground in the market, coinciding with several administrative obstacles arising from the federal government.

In the case of diesel, the product imported by private companies in November amounted to 77 000 barrels per day, equivalent to 27.7% of the national supply of said fuel; a decrease of 6.5 participation points from the peak of April, when imports were 112 000 barrels per day and the market share was 34.3%, according to calculations based on figures from the Energy Information System of the Ministry of Energy (Sener) .

The market share of diesel imported by private companies piled up six uninterrupted months of declines in November. Individual imported petrol amounts to 143 000 barrels per day, equivalent to 21% of the national supply, which was more than six points below the record for August in November – its last peak – when the imported product reached . 190,000 barrels per day and achieved a share of 27.1 percent.

In this case, petrol brought in by private individuals from abroad had three months of declines in market share.

In both cases (diesel and petrol), the national supply of the product was calculated as the sum of the national production of fuel (exported by Pemex) and imports (by private companies and Pemex), minus exports (although marginal). in both rows). Between January and November 2021, the national supply of diesel was 312 000 barrels per day, of which 37% came from Pemex production, 31% from imports from the said company and 31% from imports from individuals. The total is 20.4% below the pre-pandemic level.

In the same period, the national supply of petrol was 712 000 barrels per day, composed of 32% by Pemex production, 43% by imports from the state-owned company and 23% by private imports. The total is 8% below the 2019 level.

SAT increases in summer

In June last year, the Tax Administration Service (SAT) published changes in foreign trade rules to prohibit private permit holders from importing products at places other than customs (land, air or sea), leaving this privilege to Pemex only. and to the Federal Electricity Commission (CFE).

Subsequently, in November, the SAT again allowed imports from places other than those authorized (such as private maritime terminals), but set stricter requirements for the granting of permits.

The collection body has ordered companies to request an extension to continue accessing merchandise to the country, but first they must prove that their customers have permission or authorization from the competent authorities to distribute, commercialize, transport, sell to the public and any other regulated activity related to the import or export of goods; in addition to controls and measuring instruments that facilitate the identification of the weight, volume, quantity and quality of the goods to be imported or exported.

In the case of hydrocarbons, oil products, even mixed with other components not derived from oil or natural gas, ethyl alcohol and fuel, the direct transfer to pipes or tank trucks may not be carried out only by pipelines or storage.

In turn, the SAT will resolve the authorization of the extension within a maximum period of 12 working days, in addition to a maximum of 20 working days to request additional information that the interested parties must provide in a maximum of 10 working days. However, the authority is not required to report if it rejects the authorization, by adding a fictitious refusal clause to these rules.

Given this, the Business Coordination Council (CCE) has denounced that this measure would have a medium-term potential impact of between 25% and 48% on imports of petroleum products, which in turn would jeopardize energy security and fuel supply. . (with information from Karol García)

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