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New gallon of super gas would cost $ 3
Posted On 21 Oct 2015
Image: El Universo
The new super gas is 93 octane and would replace the current super gas (90 octane) and would cost $ 3 a gallon, In the event a project be presented by the manager of EP Petroecuador, Carlos Pareja Yannuzzelli, is approved next November.
Pareja said that before the presentation to the Board, composed by the Hydrocarbon Minister Pedro Merizalde, a representative of the Senplades and a delegate of President Rafael Correa, he will talk with gas businessmen and distributors to also take into account their criteria. Today he will meet with distributors, he said. Howeverm he said that if there is no support in the directory and the green light is not given to the project, then this will not proceed.
According to the vision of Pareja, the current super gas subsidy costs the government $ 140 million and is aimed at people who can afford to pay a higher cost.
He explained that the demand for super gas is currently 200 million gallons a year, but the 91% volume is imported.
