The Ministry of Energy and Mines (MEM) shared what the cost of fuel per gallon will be in Guatemala from June 16 to 22. The prices reveal a slight reduction.
The shared prices have applied the subsidy of Q8 per gallon of diesel and Q5 per gallon of superior and regular gasoline, since fuels have registered increases derived from the war conflict in the Middle East.
Last April, the MEM published the agreement that establishes the calculation mechanism to determine the terminal sales reference prices and the reference prices to the final consumer.
The purpose of the agreement is to adequately implement temporary social support for diesel and gasoline consumers.
The MEM explains in its information how the reference prices will be this week in Guatemala City, the departmental capitals and the municipalities.
On June 3 it was reported that The fuel subsidy exceeded Q800 million in four weeks, driven by high consumption that could accelerate the depletion of resources, which is why the authorities are analyzing several scenarios.
Slight reduction
According to the update, the reference prices in the terminal (Ex Rack) were established at Q31.08 for the gallon of premium gasoline, Q30.08 for regular gasoline and Q27.48 for diesel.
Meanwhile, the reference prices for the final consumer at the service stations in Guatemala City are Q33.85 for a gallon of superior gasoline, Q32.85 for regular gasoline and Q30.25 for diesel.
Compared to last week’s prices, the gallon of premium gasoline fell by Q0.22; Regular gasoline also dropped Q0.22 per gallon, while diesel dropped Q1.97 per gallon in Guatemala City.
According to the MEM, for V-Power and higher gasoline, a difference value of Q0.50 per gallon is established between these two products.
The reference price in the municipalities includes a reference range for the variation of prices to the final consumer.
For self-service and full service, a difference value of Q1.00 per gallon is established between both services.
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