Fuel prices, Fuel and fossil fuels
|
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: Investment in Storage Plant
Wednesday, January 6, 2021
In Guatemala, Chevron S.A. plans to invest in the expansion of the capacity of its hydrocarbon storage plant, which is located in the municipality of Puerto Barrios, Izabal.
According to the interactive platform "Construction in Central America" of CentralAmericaData's Trade Intelligence area, Chevron Guatemala S.A., submitted to the Ministry of Environment the Environmental Impact Assessment (EIA) to develop the project called "Expansion of fuel terminal storage capacity of Puerto Barrios."
Proposal to Mix Ethanol with Fuels
Friday, October 23, 2020
Since the pilot plan to test the efficiency of ethanol use in gasoline in Guatemala has yielded the first positive results, the authorities plan to present a bill to regulate its use in the first quarter of 2021.
In 2014 and 2015 a pilot plan had already been carried out in Guatemala, however, it was only this year that the Ministry of Energy and Mines (MEM), the Guatemalan Renewable Fuels Association (ACR), the Inter-American Development Bank and the Universidad del Valle de Guatemala (UVG) took up the process again.
Tender for Fuels in Panama
Thursday, September 24, 2020
The General Directorate of Public Procurement tenders the supply of fuel for state entities, for a two-year term.
Panama Government Purchase 2020-1-27-0-99-LM-002292:
"The present Framework Agreement shall be valid for two (2) years, starting from the date of activation of the Virtual Store in the Electronic System of Public Contracting 'PanamaCompra', and may be extended for up to one (1) additional year, prior communication to the supplier(s).
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.
Panama: Temporary Closing of Gas Stations Authorized
Monday, April 27, 2020
The National Energy Secretariat authorized the service stations that sell gasoline in the country to temporarily close their operations in the context of the health and economic crisis.
Resolution N. 4730 of April 23, 2020, allows those service stations that due to low sales volume, and whose location does not affect agricultural, logistical, commercial and strategic activities for Panamanians, may opt for the temporary closure of their services due to the emergency, authorities informed last April 24.
Lubricants, Oils and Gasoline: Business Outlook
Friday, March 27, 2020
In Central America, it is projected that the impact of the Covid-19 crisis on the business of retail sales of gasoline and oil products will be explained mainly by the expected drop in gasoline and diesel sales.
The "Information System for the Impact Analysis of covid-19 on Business", prepared by the Trade Intelligence Unit of CentralAmericaData, measures the degree of impact that the crisis will have on companies according to their sector or economic activity, during the coming months.
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.