- Title: ARGENTINA: Cabinet Chief Jorge Capitanich criticises Shell for rise in fuel price
- Date: 3rd February 2014
- Summary: BUENOS AIRES, ARGENTINA (FEBRUARY 03, 2014) (REUTERS) VARIOUS OF A SHELL GAS STATION PEOPLE WORKING AT THE GAS STATION GAS PUMP SIGN FOR GAS PRICES BUENOS AIRES, ARGENTINA (RECENT) (REUTERS) EXTERIOR OF THE PRESIDENTIAL PALACE BUENOS AIRES, ARGENTINA (FEBRUARY 03, 2014) (REUTERS) VARIOUS OF ARGENTINE CABINET CHIEF JORGE CAPITANICH ARRIVING TO NEWS CONFERENCE (SOUNDBITE) (Spanish) ARGENTINE CABINET CHIEF JORGE CAPITANICH, SAYING: "Shell's attitude and that of its highest official in Argentina is always conspiratorial and always against the country's interests." JOURNALISTS (SOUNDBITE) (Spanish) ARGENTINE CABINET CHIEF JORGE CAPITANICH, SAYING: "But, as always, this company which, contrary to the country's interests, contrary to the interests of the Argentine people, is taking a unilateral decision to harm those who consume fuel." (SOUNDBITE) (Spanish) UNIDENTIFIED JOURNALIST ASKING: "Are you going to sanction them? Can they be sanctioned? ARGENTINE CABINET CHIEF JORGE CAPITANICH, SAYING: "We are going to repeat a famous quote from [former Argentine President Juan Domingo] Peron. 'Better than saying is doing, and better than promising is accomplishing'." VARIOUS OF SHELL GAS STATION
- Embargoed: 18th February 2014 12:00
- Keywords:
- Location: Argentina
- Country: Argentina
- Topics: Economy,Energy
- Reuters ID: LVA3SM5OPREAJJG4E1ZJPPEVYE0O
- Story Text: Argentine Cabinet Chief Jorge Capitanich accused Royal Dutch Shell of being "conspiratorial" against Argentina's interests on Monday (February 3) after the company raised its priced at the pump by 12 percent.
"Shell's attitude and that of its highest official in Argentina is always conspiratorial and always against the country's interests," Capitanich said.
Prices at Shell service stations shot up 12 percent from midnight on Monday morning.
The hike comes after a recent devaluation of the Argentine peso and could lead to other fuel companies raising their prices as well.
"But, as always, this company which, contrary to the country's interests, contrary to the interests of the Argentine people, is taking a unilateral decision to harm those who consume fuel," Capitanich said.
When asked if the government would look to sanction the oil company Capitanich left the decision open and quoted Argentina's famous former president, Juan Domingo Peron.
"We are going to repeat a famous quote from [former Argentine President Juan Domingo] Peron. 'Better than saying is doing, and better than promising is accomplishing'," he said before leaving a news conference at the presidential palace in Buenos Aires. - Copyright Holder: REUTERS
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