Maduro proposes to increase the price of gas to combat crises

Venezuela’s President Nicolas Maduro proposed to increase the price of gasoline, which is the cheapest in the world and consumes a millionaire subsidy before the “serious economic difficulties” the country is facing by the fall in the price of oil barrel. During...

Ecopaís Will Use Artisanal Alcohol

Around 8000 artisan producers of alcohol in the Provinces of Canar, Bolivar and Cotopaxi will be providers of biofuel program EcoPaís. “The idea is to direction the alcohol produced in the local liquor industry to Petroecuador and make them join Ecopaís project” says...

Ecuadorian Government Would set Quotas for Gasoline

Last Thursday night the Ecuadorian President Rafael Correa announced that the government is working on a quota system for the use of gasoline. “It’s a project to control the waste of fuel,” explained Correa. The idea is to set a quota for each family with 30 gallons per year. Any...

Airlines Introduce Higher Prices in Ecuador

Following the removal of fuel subsidy, the Ecuadorian government officially introduced the new prices of airline tickets.Airlines raise an increase of between 15 and 20% on national routes, while flights to the Galapagos Islands have increased in 40%, the Aerogal company reports....