Recent proposals of the government of the Ecuadorian President Rafael Correa, showed their willingness to rationalize fuel subsidies, especially gas for domestic use, in the medium term.
The elect Vice President, Jorge Glas, made the announcement of this measure yesterday during a television interview on “In the controversy” of Andrés Carrión. Glas said the effects of changing the country’s energy matrix, through the construction of hydroelectric structures.
He explained that once all the hydroelectric projects, currently under development, are ready, they would replace the use of liquefied gas, which is subsidized by the state. “Its replacing a less efficient fuel and more expensive than clean and cheap electricity (…) it will stop using the liquefied gas.”
The idea of the second elect-president, who will take office on May 24, is that in the houses of Ecuador the domestic gas is not used, but this does not implies an increase in the cost to the citizen. Thus, the scheme aims to subsidize people so they can replace their gas stoves for electric stoves. Glas finished saying that for this plan to work is vital to strengthen the electricity distribution network in the country.