Subsidy for liquefied petroleum gas will continue until 2017

The subsidy for liquefied petroleum gas (LPG) will continue until 2017. This, after the arrival of electric cookers, which will replace electric cookers. In this way, the government seeks to reduce the subsidy on LPG that costs around USD 700 million a year.

This term is to wait the users until they end paying the new power induction cookers.

According to the Minister of Industries, Ramiro Gonzalez,  an Ecuadorian house currently destinate a monthly average of $ 8 for domestic cooking with gas. With the program of the regime, it is intended that the same amount is allocated monthly to pay the new kitchen for three years, a deadline that users will have to pay for the device.

Furthermore the 12 qualified domestic companies to manufacture induction cookers were unveiled, which are: Ecasa, Ferromédica, Electrococ, Ener-Intelco, Fibroacero, DME, Mabe, Kangle, Haceb, Induglob, Motsur and Golden Age.