Dutch oil company Shell, which was asked to pay a series of fines by the Argentine government under the fuel hoarding and price fixing law, has alleged that it has been subjected to discrimination.
Apart from the fines the company had to pay, Guillermo Moreno, Argentina’s internal commerce secretary, recently took Shell to court for the violations and asked that the company’s president and other top company executives be arrested.
However, Juan Aranguren, president of Shell, said: The discrimination Shell is being subjected to is inadmissible.
Mr Aranguren added that Shell has been arbitrarily targeted because the company’s June sales this year, when compared to that of last year, were far higher than the market average.