El Salvador: $70,000 Fine for Gas Company

The Superintendency of Competition in has sanctioned Total El Salvador with a fine of $69,314 for filing incomplete information in an investigation into the liquefied gas market.

Friday, April 27, 2012

A statement from the Superintendency of Competition (SC) reads:

The Superintendency of Competition (SC) has fined the company Total El Salvador, S. A. de CV $69,314 for filing incomplete information in a case that the institution has been investigating in the market for liquefied petroleum gas.

The Board of the SC imposed on the Total gas plant a fine of $69,314.60 for filing the required information in an incomplete format during a process of prior actions that the institution imposed on the company.

In the case, which began officially in March 2011, investigations were made into alleged problems regarding propane gas sales that occurred from the elimination of subsidies. In the investigation, the SC also asked other for economic information and documentation necessary to understand the functioning of the import chain, production and distribution of liquefied petroleum gas.

Having provided incomplete information, the Board ruled that Total El Salvador, S. A. C. V. had committed an administrative offense as defined in article 38 paragraph 6 of the Competition Act (LC), which penalizes the failure to provide the necessary assistance or make an incomplete or inaccurate information, whether intentionally or negligently.

"The timely cooperation of operators is very important so that the characteristics of the market can be understood and failures which may be affecting competition can be corrected," said the Superintendent of Competition, Francisco Diaz Rodriguez.

More on this topic

Anti-competitive Practices in LPG Market

April 2018

Tropigas, Tomza Gas, Zeta Gas and Unigas are being investigated in El Salvador, for allegedly having agreed prices or other conditions in sales in the industrial LPG bulk market.

From a statement issued by the Superintendency of Competition:

April 12, 2018 In March the Superintendence of Competition (SC) started a sanctioning administrative process to investigate a possible cartel in the industrial market for liquefied petroleum gas (LPG) in bulk, among four distributors, who may have agreed on prices or other conditions on sales from January 2013. The companies being investigated are: Tropigas de El Salvador, S.A. de C.V.; Tomza Gas de El Salvador, S.A. de C.V.; Zeta Gas de El Salvador, S.A. de C.V.; and Unigas de El Salvador, S.A. de C.V.

El Salvador: Fines for Anticompetitive Practices Confirmed

October 2013

The Salvadoran Justice system has upheld the fines imposed on electricity distributors and Digicel by the competition regulator.

"The Administrative Litigation Division of the Supreme Court of Justice (CSJ) ruled in favor of the Superintendency of Competition (SC) in two cases: one in which the existence of anticompetitive practices by electricity distributors CAESS and AES CLESA was determined, and the other at the opening of a sanction process against Digicel, for lack of cooperation ", reported Elmundo.com.sv.

TROPIGAS Fined for Giving Inaccurate Information

September 2013

The Salvadoran Superintendence of Competition has fined the company $75 thousand for not giving complete information and not including VAT on the unit selling price of gas cylinders.

"... TROPIGAS committed an administrative offense defined in article 38 paragraph 6 of the Competition Act, having provided in an inexact manner the information required in the process of preliminary proceedings initiated in May 2011 in the gas market," reported Elsalvador.com article.

Alba Petróleos to Provide LPG Gas in El Salvador

September 2011

The company Alba Petróleos is preparing to enter the Salvadoran propane market in December.

At the beginning of its operations, the company may cover only 3% of the domestic market which is currently served by four companies, Tropigas, Z-Gas, and Total Gas and Tomza.

An article in Elsalvador.com by Luz Estrella Rodríguez contains quotes by the vice president of Alba Petróleos: "The gas will be stocked by a company in Honduras and will be unloaded to the 5,000 barrel capacity tank that has already been built in its plant located in Puerto de Acajutla, Sonsonate , as well as to other locations that are available in the port of La Union and that Alba Petróleos plan to rent. "

 close (x)

Receive more news about Energy

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

Looking for Importers and distributors of furniture

Mexican manufacturer of office furniture seeks importers and distributors interested in dealing their products in Central America.
PM Steele is a 100% Mexican company, with more than 67...

Stock Indexes

(Apr 6)
Dow Jones
S&P 500


(Apr 7)
Brent Crude Oil
Coffee "C"