Paraguay Secures Lifeline as Fuel Transshipment Agreement Extended to 2027

Paraguay Secures Lifeline in Energy Security Bid

Paraguay has secured an extension of its Km 171 fuel transshipment agreement until April 2027, a move seen as a significant reprieve for the country's economy. The agreement, which was first signed in 2019, had been set to expire soon, prompting concerns about a potential fuel shortage that could have had far-reaching implications.