Brazil oil regulator ANP approves initial payments for diesel subsidies
RIO DE JANEIRO
Petroleumworld 07 27 2018
Brazilian oil regulator ANP said on Thursday it had approved the payment of subsidies for diesel prices for the May 30 to June 7 period, with payments to begin in the coming days.
The subsidies were agreed to by President Michel Temer to halt a truckers' strike in May over rising diesel prices which paralyzed Latin America's top economy. Two companies currently have their paperwork in order to begin receiving payments, ANP said.
Reporting by Alexandra Alper; editing by Diane Craft from Reuters.
reuters.com 07 26 2018
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