Price per gallon of regular gasoline: Costa Rica $4.26, Nicaragua $3.89, Honduras $3.72, El Salvador $3.42, Guatemala $3.38 and Panama $3.29.
From the Ministry of Economy of El Salvador statement:
The current reference prices reflect a downward trend, because during the first weeks of May, reserves of gasoline and distillates show minimal reductions, this has allowed prices to be more stable compared to the previous month, since the first half of May gasoline reported a 790,000-barrel decrease, while in April for the first half reported a 10.6-million-barrel reduction. Regarding diesel distillates, during the first fortnight of May a 1.4-million-barrel decrease was reported, while for the first fortnight of April it was 2.5 million barrels, a less marked difference, which affects the price of low-sulfur diesel for the next fortnight.
The National Institute of Electrification of Guatemala tenders the supply of electricity generated by solar photovoltaic systems, up to a maximum of 110 MW under the BOT modality.
Empresa Nacional de Energía Eléctrica de Honduras tenders the supply, installation, testing and commissioning of specialized equipment for the Francisco Morazán Hydroelectric Power Plant.
Price per gallon of regular gasoline: Nicaragua $4.01, Costa Rica $3.80, Honduras $3.70, El Salvador $3.49, Guatemala $3.44 and Panama $3.27.
From the Ministry of Economy of El Salvador statement:
The current reference prices are affected by the continuous decrease suffered in the inventories of gasoline and distillates such as diesel. According to the latest reports provided by the IEA, in April the reduction of gasoline registered an accumulated of 11.9 million barrels and distillates, from which diesel is extracted, registered 4.4 million barrels. This continuity directly affects the prices of oil derivatives, as it generates uncertainty in the markets and investors by observing abrupt drops in reserves and maintaining upward trends in prices.
From May 1, EEGSA users will have a 6.2% increase in their tariff with respect to the price of the first quarter of the year, and DEOCSA and DEORSA users will have a 1.5% and 1.8% increase, respectively.
In general terms, it is possible to indicate that for the following quarter the tariffs show variations, resulting from the behavior of certain variables and components that have a direct incidence on the costs of energy purchase, explains a bulletin of the National Commission of Electric Energy (CNEE).
Price per gallon of regular gasoline: Nicaragua $3.81, Costa Rica $3.76, Honduras $3.62, El Salvador $3.44, Guatemala $3.22 and Panama $3.07.
From the Ministry of Economy of El Salvador statement:
The increase in the price of oil derivatives is because of a reduction in oil and derivatives worldwide by OPEC and non OPEC countries led by Russia, which have surpassed their own limit of 1.2 million barrels per day to 1.4 million barrels per day in March.
Price per gallon of regular gasoline: Nicaragua $3.81, Costa Rica $3.76, Honduras $3.53, El Salvador $3.36, Guatemala $3.22 and Panama $3.07.
From the Ministry of Economy of El Salvador statement:
The increases in gasoline prices for the current fortnight are largely because of the prolonged fall in gasoline reserves, which add up to 7 consecutive weeks, according to reports provided by the IEA, detailing a reduction of 21.4 million barrels.
Central American countries do not take advantage of the electric transmission line that connects them, because the poor infrastructure at the local level prevents the exchange of energy at the maximum level.
Managers of the Central American Bank for Economic Integration (CABEI) believe that the lack of electrical installations, especially in the stations of each country, are an obstacle to achieve a reduction in final tariffs to consumers.
Price per gallon of regular gasoline: Nicaragua $3.72, Costa Rica $3.57, Honduras $3.44, El Salvador $3.22, Guatemala $3.15 and Panama $2.79.
From the statement of the Ministry of Economy of El Salvador:
The increase in reference prices for this fortnight is because gasoline inventories have experienced their largest decline since February until the last weekly report provided on Wednesday March 20 by the IEA. During the last five consecutive weeks, gasoline reserves have decreased by an accumulated 16.8 million barrels, a decline not seen since the period from June to August 2017, when it was reduced by 14.7 million in seven consecutive weeks. Likewise, the inventories of distillates from which diesel is derived show a 4.1-million-barrel decrease, according to the latest weekly report provided by the IEA. These variations between the reserves of gasoline and distillates are because of the change of schedule to summer in the U.S. country, denoting a greater consumption of gasoline, therefore the prices of gasoline are those that experience the greatest increase.
During 2018, 39 environmental impact studies were presented in the countries of the region to build energy generating plants and work on electricity grids, projects estimated at $455 million.
The interactive platform "Construction in Central America", compiled by the Trade Intelligence Unit at CentralAmericaData, includes an up to date list of public and private constructionprojects for which environmental impact studies (EIA) were submitted to the respective institutions of each country.
After several years of carrying out studies of the work, the governments announced that they plan to begin working on the standardization of regulations to sign the agreement of the electrical interconnection project.
In a press release published on March 19, Panama's Presidency stated that Panama's Energy Secretary, Victor Urrutia, informed that the Agreement required for the implementation of the electric interconnection project that will link the Andean and Central American systems will soon be signed.
The National Electric Transmission Company tenders the construction of networks and installation of primary distribution networks in different regions of the country.
With the entry into operation of the fourth phase of the Renace hydroelectric complex in Alta Verapaz, the project has reached a generation capacity of 301 MW.
Representatives of Corporación de Multiinversiones (CMI), owner of the energy project Recursos Naturales y Celulosas (Renace), explained that the fourth phase of the project began testing in September 2018 and went into commercial operation in January of this year.
Because the Guatemalan authorities were not able to form the Tender Board, a new date will be set for the receipt of tenders for the operation and administration of the Stationary Hydrocarbon Transport System.
Although the deadline for tendering for the pipeline had already been extended in November last year and March 14, 2019 was set as the deadline for submission of proposals, the authorities of the Executive failed to form the Board and now a new deadline will have to be announced.
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