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Repsol extends its assistance to fuel during summer

Repsol announced it would maintain the fuel price discount it had been offering since March's anti-crisis plan.

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Repsol extends its assistance to fuel during summer

Repsol announced it would maintain the fuel price discount it had been offering since March's anti-crisis plan. The company says it will continue to do so "in the context of tension in international gasoline and diesel prices". This measure will be implemented "during summer" and not December 31st, as the government has approved the anti-crisis plan.

The discount will be maintained at the company's more than 3300 Spanish service stations. Customers who have the free Waylet app will continue to receive discounts starting July 1, and during summer "a time in which a large amount of trips are concentrated," it says. This discount is in addition to the 20 cent bonus offered by the State.

Repsol service stations have reduced the price of fuel by 30 eurocents per liter. This discount is in addition to regular discounts.

Customers who visit Repsol service stations but do not use Waylet will receive a 5c discount on top of the 20 cent State bonus. In these cases, the total discount will be 25 eurocents per litre.

Repsol will maintain its minimum discount of 10 Eurocents per Liter for the group of carriers. This discount is available to professionals with the Solred card. To this must be added the 20 Cent bonus by the State. The minimum discount will then be 30 Eurocents per Litre. This offer is compatible to other offers that freelancers and carriers already receive via this card.

Repsol clarifies that the discounts were applied "at the cost of the company’s commercial margins" and have effectively reduced Repsol's Spanish service station business to zero in April and May. He explains that it does this in an extraordinary international environment of rising fuel costs and maintaining the tax burden on gasoline and diesel.

Repsol has recalled that any operator can purchase and sell gasoline or diesel on the international markets, despite the controversy surrounding its refining margins. Repsol exports gasoline to the United States, and diesel to France, after Spain's demand is met. "Producing fuels from Spain reduces uncertainty about finding alternative imports to Russian ones, which is something that other European countries also suffer from." He believes that if there was no Spanish refining activity, the fuel prices would remain the same or even rise. He also points out that "the absence of a national refinery system would have very adverse effects on the country’s trade balance, industrial employment, and which is dependent on it directly for some 200,000 families."

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