Fuel shortage threatens 50 Honduras gas stations

Some 50 gasoline stations might have to close over the next few days because of a lack of fuel.

Thursday, June 12, 2008

The manager of the Honduras Association of Distributors of Petroleum Products, Sarahí Silva says that four years ago sales margins were frozen. The lack of supplies of fuel has caused severe losses and each day it is more difficult to enter the market.

More on this topic

Honduras Could free Up Fuel Prices

February 2014

Modeled on how fuel markets work in El Salvador and Guatemala, the government and private sector are looking at liberalization.

Due to the increasing prices of gasoline in Honduras, the private sector and the Government are considering liberalizing fuel prices, as has already been implemented in other countries in the region.

Costa Rica: New Model for Calculating Fuel Prices

February 2011

The regulatory authority is investigating a new methodology for setting fuel prices.

The proposal would set a maximum selling price and gas stations could sell below that ceiling by way of discounts.

Currently, the Regulatory Authority for Public Services (Aresep) sets a single price for each type of fuel which the gas station must apply throughout the country, regardless of their sales volume.

Fuel Prices Rise in El Salvador

November 2009

After this week's increases, fuel prices will reach their highest levels of 2009.

Special and regular gas will increase $0.09, whilst diesel $0.08.

Julio Villagran, executive director at ASDPP, the Salvadoran Association of Petrol Distributors, told Laprensagrafica.com that "... this increase will further deteriorate Salvadorans purchasing power. This is evidenced by gas station sales, which dropped 10% since June".

Regional fuel prices above $4.40 per gallon

August 2008

The Salvadoran Petroleum Industry Association and the Ministry of the Economy published a comparative analysis of the region on August 15.

For unregulated markets, the price per gallon on that date was: El Salvador, $4.44 for regular gasoline; Nicaragua, $4.72; and Guatemala, $4.71.

 close (x)

Receive more news about Business and Investment

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


Costa Rica Coffee Farm and Development Property

Sustainable 70 Acre Coffee Farm, San Ramon, Costa Rica Coffee Estate, development property with 20 titled lots, ready to develop with roads, water, power. Great Location, close to everything
Ideal area for living or developing an ecologically...

Stock Indexes

(May 24)
Dow Jones
0.36%
S&P 500
0.25%
Nasdaq
0.40%

Commodities

(May 25)
Brent Crude Oil
53.75
Coffee "C"
130.90
Gold
1,255
Silver
17.150