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LatinNews Daily - 06 October 2020

In brief: Spain’s Disa purchases Petrobras’ Uruguayan fuel operations

* The Spanish energy company, Disa, has acquired the Brazilian state-owned oil firm Petrobras’ network of 88 petrol stations in Uruguay, making Disa the second largest fuel distributor in the country. In addition to the petrol stations, the purchase (which is awaiting approval by Uruguay’s competition authorities) would give Disa a 24% share of the Uruguayan market in fuels, fertilisers, and lubricants – including the sale of aviation fuel to the Carrasco international airport in Montevideo, and marine fuel at several ports in the country. The move marks Disa's second foray into Latin America following its establishment of solar power plants in Chile in 2017, and in a statement the company said that its operations in Uruguay would “strengthen our strategy of internationalisation”. According to the statement, Disa’s Uruguayan operations will employ around 4,660 people.    

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