NATIONAL STRATEGY FOR COVERAGE OF HYDROCARBONS
The National Strategy Risk Coverage Hydrocarbons born from the need of the Government to optimize the resources budgeted for each fiscal year in respect of current expenditure for subsidies in the areas of energy and transport and gradually reduce dependence on the State regarding changes in international fuel prices.
And it is so with the use of financial instruments available in the derivatives market, within the concept of an insurance, fluctuations in oil prices are eliminated in the international market, and consequently the requirement for increased funding is limited to cover these subsidies.
