The pilot’s strategic focus is on stations situated in Caracas’s east side, a district with a higher concentration of luxury and imported vehicles suited for premium fuel consumption. The distribution involves a more complex refining process and imported additives, which justify the higher price. Payment for the Super Premium fuel is being accepted in foreign currency, reflecting a partial dollarization of the Venezuelan fuel market. No official PDVSA communication has clarified the pilot’s duration, expansion schedule, or full list of participating service stations.
The initiative reflects an effort to incorporate a high-performance fuel grade that was largely absent during recent years when the domestic fuel supply standardized on low-octane gasoline due to refinery constraints. Market reactions have been mixed: some users welcome the return of quality fuel compatible with advanced engine demands, while others express concern over price increases and the potential phasing out of more affordable options.
By evaluating consumption trends and user response, PDVSA aims to fine-tune the fuel portfolio, potentially extending 97-octane gasoline availability to other urban centers in Venezuela. This development aligns with broader discussions on modernizing the hydrocarbons sector and addressing the evolving vehicle fleet needs within the country’s energy infrastructure.
This article was curated and published as part of our South American energy market coverage.
