Fossil fuels and Fuel price
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Description | Reference value |
Dominican Republic: $5 Million in Fuels
Tuesday, February 16, 2021
The Oficina Metropolitana de Servicios de Autobuses tenders the supply of fuels for its fleet of buses and other vehicles owned by the institution.
Dominican Republic Government Purchase OMSA-CCC-LPN-2021-0001:
"Details of the items to be contracted:
-1.3 million gallons of diesel fuel optimum.
-150 thousand gallons of premium gasoline fuel
Fuel purchases for home delivery will be made at the request of the Contracting Agency, in the quantities required and for the locations indicated. The successful bidder shall have trucks that are adequately equipped and that guarantee the safety of the parties involved."
Fuels: Price Control in Panama
Friday, June 12, 2020
A presidential decree gives the National Energy Secretariat the power to regulate maximum retail prices for 91 and 95 octane gasoline and low-sulfur diesel.
The regulation of maximum prices will be in effect for a six-month period, which may be extended, according to Executive Decree No. 474 of June 10, 2020 published in the Official Journal.
Check out the "System for monitoring markets and economic situation in Central American countries", prepared by CentralAmericaData.
Central America: Fuel Prices as of March 24
Monday, March 23, 2020
Price per gallon of regular gasoline: Costa Rica $3.87, Nicaragua $3.28, Honduras $3.27, Guatemala $2.93, El Salvador $2.54 and Panama, $2.81
From the Ministry of Economy report of El Salvador:
The current reference prices present significant declines for gasoline and diesel, these declines respond directly to the events of the break of the pact between OPEC, led by Saudi Arabia, and the countries that had made an alliance with the organization, represented by Russia.
Fuel Consumption Starts 2020 Downwards
Tuesday, March 3, 2020
During January of this year in Panama 90 million gallons of fuel were sold, a figure that is 7% less than that reported in the same month of 2019.
The General Comptroller of the Republic reported that during the first month of 2020, gasoline consumption in the country, which includes 91 and 95 octanes, fell to 27.9 million gallons, 1.3% more than the 27.5 million gallons registered in January 2019.
Central America: Fuel Prices up to February 25
Monday, February 24, 2020
Price per gallon of regular gasoline: Costa Rica $4.10, Nicaragua $3.51, Honduras $3.39, El Salvador $2.95, Guatemala $2.92 and Panama $2.81.
From the report of the Ministry of Economy of El Salvador:
The current reference prices for gasoline and diesel show a mixed trend (ups and downs), these variations are due to the continuous fall in the reserves of these products, according to reports provided by the IEA in February 2020.
Oil bill: Slight Drop in Guatemala
Tuesday, February 18, 2020
During 2019 the consumption of diesel, gasoline and gas, products with the highest participation in the oil bill, reached Ch$2,719 million, a 0.8% lower amount than that reported in 2018.
Figures from the General Direction of Hydrocarbons (DGH) detail that between 2018 and 2019 the Guatemalan oil bill was reduced by $21 million, from $2.719 million to $2.041 million.
Central America: Fuel Prices up to February 11
Monday, February 10, 2020
Price per gallon of regular gasoline: Costa Rica $4.08, Nicaragua $3.52, Honduras $3.51, El Salvador $2.96, Guatemala $2.96 and Panama $2.81.
From a statement by the Ministry of Economy of El Salvador:
The current reference prices for gasoline and diesel show a marked decline at the national level, which reflects the emergency experienced by China because of the coronavirus.
Tender for $8 Million in Fuel
Friday, January 31, 2020
The Ministry of Public Works and Communications of the Dominican Republic tenders the supply of optimal and premium diesel fuel for use by the institution.
Dominican Republic Government Purchase MOPC-CCC-LPN-2020-0002:
"The price of the fuel to be paid shall be that corresponding to the moment of satisfactory delivery of the required, based on the weekly price of the fuel established by the Ministry of Industry and Commerce, provided that this delivery is made within 48 hours from the notification of the requirement, without prejudice to the penalties that may be applied contained in this tender and subsequent contract.
Central America: Fuel Prices up to January 28
Monday, January 27, 2020
Price per gallon of regular gasoline: Costa Rica $4.07, Nicaragua $3.52, Honduras $3.45, El Salvador $3.04, Guatemala $3.02 and Panama, $2.83
From a statement by the Ministry of Economy of El Salvador:
The current reference prices for gasoline and diesel, show low prices at national level, due to the outcome of the conflict between the United States and Iran, where the Arab country attacked two military bases located in Iraqi territory.
Central America: Fuel Prices up to January 14
Monday, January 13, 2020
Price per gallon of regular gasoline: Costa Rica $4.07, Nicaragua $3.52, Honduras $3.45, El Salvador $3.04, Guatemala $3.02 and Panama $2.83
From the Ministry of Economy of El Salvador's statement:
The current reference prices for gasoline and diesel present generalized increases, due to the recent geopolitical conflicts between the United States and Iran during the first weeks of January 2020, which is why the international prices of oil and derivatives increased by an average of 4%.
Central America: Fuel Prices at the Beginning of 2020
Monday, January 6, 2020
Price per gallon of regular gasoline: Costa Rica $4.11, Nicaragua $3.57, Honduras $3.46, Guatemala $3.09, El Salvador $3.07 and Panama, $2.85
From the Ministry of Economy of El Salvador's statement:
The current reference prices show increases in all their presentations, because of the announcement given by the United States and China, about the signing of phase 1 of the economic conflict in January 2020.