The modification arises as a result of the tariff policy, which reflects the reality of the international market, the authorities highlighted.
The prices of sale to the public will begin to govern in 2023 in line with the import parity price (PPI) that is released on a monthly basis by the Regulatory Unit of Energy and Water Services (Ursea). Supergas will maintain its price below international values.
The announcement was made in the Executive Tower, in a conference led by the Ministers of Industry, Energy and Mining, Omar Paganini, and Economy and Finance, Azucena Arbeleche, on Thursday 29.
As defined by the Executive Branch, the price of Super 95 gasoline will drop 3 pesos at the pump and will cost 71.89 pesos per liter, the maximum for sale to the public. Diesel 50S, meanwhile, will drop 6 pesos and will be worth 58.99 pesos per liter, the maximum for sale to the public. The new values will take effect from 00:00 on Sunday, January 1, 2023.
The measure implies relief for family consumption, production, industry and commerce, Paganini stressed.
On the other hand, Minister Arbeleche stressed that the fuel system is transparent and that it demonstrates it by following the drop in the price of oil. She added that this fuel policy is one more item on a structural reform agenda that the government has been developing.