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October 2, 2022
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Fuel prices remain frozen in Nicaragua

Fuel prices remain frozen in Nicaragua

The government of Daniel Ortega will maintain the average price of a gallon of super and regular gasoline above five dollars for the twenty-sixth consecutive week, starting this Sunday, October 2, reported the Nicaraguan Institute of Energy (INE) and the Ministry of Energy. and Mines.

The cost of super gasoline, used in light cars, it will remain at $5.13; and that of regular gasoline, applied in old cars and off-road vehicles, will remain at $5.01; while diesel, used in cargo and collective transport, will be sustained in $4.53 per gallon (3.78 liters).

Related news: Gasoline price in Nicaragua remains above five dollars per gallon

“For the following week, the prices of fuels, gasoline and diesel will remain unchanged,” the entities specified.

According to international fuel prices, for the following week the price of diesel should increase by 0.05 dollars per gallon, that is, up to 4.58 dollars per gallon, indicated the INE and the Ministry of Energy and Mines in the weekly report.

The Ortega regime maintains the price of a gallon of gasoline above five dollars. Photo: Article 66 / Noel Miranda

In the case of super and regular gasoline, it was not specified how much the increase would be. According to the Executive, by assuming 100% of the increases in the prices of fuels and liquefied cooking gas, the State of Nicaragua disburses between 4 and 6 million dollars weekly.

Related news:

Nicaragua has a fund of 200 million dollars as part of a line of credit of up to 800 million dollars, arranged by the Central American Bank for Economic Integration (CABEI) to finance a regional support program in the face of the global rise in prices of fuels.

The Nicaraguan authorities also ordered stability in the price of liquefied petroleum gas, used in Nicaragua for food preparation, whose cost has remained unchanged since the beginning of last April and varies depending on the size of the tank and the city where it is sold. .

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