Oil companies pledge deliveries to Honduras

Oil companies promised to re-establish normal deliveries to Honduras after the government threatened to appropriate their storage tanks and import oil directly.

Monday, May 12, 2008

The president's press office said in a statement that the companies had promised to provide all the nation's service stations with enough gasoline to meet current demand.
The statement followed a meeting between President Manuel Zelaya and executives of Shell, Texaco and Esso as well as the Honduran company Dippsa.

Market Intelligence

Everything about Fuel imports in Honduras.

Top importers - Quantities, amounts and prices.

more info

More on this topic

Three Companies Control Honduras' Hydrocarbon Market

April 2011

After Shell and Exxon withdrew from the Central American Market, companies Texaco, Unopetrol and Puma dominate fuel imports, storage, distribution and part of its commercialization in Honduras.

Sarahí Silva, head of the Honduran Association of Petrol Derivatives (Ahdippe), argued that such market concentration is prejudicial for the country and its consumers, and stressed the need for more players.

Delta Petroleum and Terra Group Prepare for Entry into Costa Rica

August 2011

The companies that acquired the Shell and Texaco service stations are preparing for changes in operation.

Delta Petroleum of Panama, which last year bought the assets of Shell Costa Rica will invest $4 million in renovations and changes to the brand image, said Mauricio Barzun,general manager ofDelta Petroleum Costa Rica.

Guatemala's Pacific Oil Targets Central America

October 2012

The fuel company has announced a regional expansion process in El Salvador, Honduras and Panama.

Juan Salazar, manager of the company, explained that in 2013 they plan to open 75 stations in these countries, with a total investment of $48 million and an average cost of $500,000 per facility.

El Salvador: Liquid Fuels Market

September 2015

An analysis states that bureaucratic obstacles may discourage the entry of new competitors in a market moderately concentrated.

From a statement issued by the Superintendency of Competition:

SC Updates Study on Liquid Fuel Sector

After completing in June 2015 the "Update of the sectoral study on competition in the market for liquid fuels" prepared by the Economic Administration of the Superintendency of Competition, the Board of Directors of the authority issued recommendations aimed at promoting economic efficiency and welfare of consumers in this market.

 close (x)

Receive more news about Government

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones

Cenergica - Nejapa Power

Organization that operates in El Salvador.
Phone: ((503)) 2525 5514

Company Profile

Stock Indexes

(Oct 21)
Dow Jones
S&P 500


(Oct 21)
Brent Crude Oil
Coffee "C"