Wednesday, 02 August 2023 01:23

Price of 25 lb. liquefied gas cylinder remains at US$10.82 for august

Written by Evelyn Alas

The Dirección de Energía, Hidrocarburos y Minas (DGEHM), announced on its twitter account the prices of Liquefied Petroleum Gas in effect for the month of august of this year.

Salvadorans who use the 25 lb cylinder presentation, the price with general subsidy is US$10.82 and focused US$2.78.

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Likewise, those who prefer the 35-pound presentation will find it at a cost to the consumer of US$15.06 and with subsidy granted by the Central Government at US$7.02.

As for consumers who prefer a 20-pound presentation, they will find it at US$8.73 without subsidy and with the benefit it is at US$0.69. The 10-pound cylinder remains at a cost of US$4.50.

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Recently, the Legislative Assembly, at the initiative of President Nayib Bukele, approved until january 2024, the regulation that allows us to sanction the distribution and sale of petroleum products.

In addition, the parliamentarians also reformed the Law Regulating the Deposit, Transportation and Distribution of Petroleum Products, so that the sale price of Liquefied Petroleum Gas (LPG) is not made arbitrarily.

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This initiative seeks to update the regulatory framework after learning that, in practice, there are actors in the commercialization chain that put at risk the benefits for the salvadoran population such as the LPG subsidy, by arbitrarily fluctuating the sale prices of their products or services.

The officials highlighted the importance of this initiative due to the fact that liquefied gas is one of the main products consumed at home.

 

Translated by: A.M