The report "Construction Projects in Guatemala - January 2015" prepared by the Business Intelligence Unit at CentralAmericaData.com, provides a list of major construction projects which during the month of January submitted environmental impact assessments (EIA) to the Ministry of Environment and Natural Resources of Guatemala.
Businessmen from the sector are complaining about continued delays in the discussion of legislation regulating the marketing and pricing in the fuel distribution business.
Lack of consensus last year among all companies in the sector for importing and distributing fuels regarding the opening of gas stations led to the draft law intended to regulate the sector not getting to Congress for discussion ..
The Superintendency of Competition has approved a request made by the company in January 2014 to acquire eight gasoline stations in the country.
From a statement issued by the Superintendency of Competition in El Salvador:
The Board of the Superintendencia de Competencia (SC) resolved to authorize the application for a merger between Alba Petróleos de El Salvador de SEM de CV resulting from the purchase of eight service stations. The application responded to a penalty imposed by the SC last November, in which it ordered, among other things, the submission of an application for authorization of purchases.
There has been a reduction in the number of independent gas stations and an increases the presence of corporate brands.
The gas stationsbusiness in Guatemala has been transformed in recent years, as fewer and fewer service stations are being operated by independent companies, many of which have sold their establishments or been acquired by international franchise brands.
Through its petroleum division Uno Costa Rica Terra Group bought seven service stations from the Costa Rican Grupo Colono.
Uno Costa Rica, the petroleum division of the Honduran Terra Group, has purchased seven services stations operated by the Costa Rican group Colono in Limon and Alajuela. The amount of the transaction has not been revealed.
The oil company plans to invest between $40 and $50 million in increased storage capacity for liquefied petroleum gas, and improvements in the production and delivery of products.
This was stated by the company's general manager, Aristides Chiriatti, who also reported that preparations will start on September 1 for the distribution of ethanol, which represents about $10 million. He added that improvements will be made to the fueling system at its distribution center in Las Minas Bays, Colon province, reducing delivery times.
Despite increasingly high prices in the first half of 2012 Panamanians consumed 7.6% more fuel compared to the same period last year.
An article in Prensa.com reports that "Between January and July 2012, 135,692,000 gallons of gasoline were sold, which represents an increase of 7.6% compared to the same period last year, when 126,054,000 gallons were consumed.
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