Published On: Fri, Apr 6th, 2018

Tariff adjustment fuel prices as of April 3, 2018

WILLEMSTAD - Through this publication, the Government of Curaçao announces that the end user prices for the products Mogas 95, Gasoil LSD, LPG 100 lbs and LPG 20 lbs shall be adjusted as per 3 April 2018.

In view of the frequent fluctuations in the international oil prices, the government feels obliged to proceed to:
1. the monthly adjustment of the end user prices, and
2. the publication of the current and new end user prices per product.

From 27 February 2018 through 2 April 2018, the price breakdown for Mogas 95, Gasoil LSD, LPG 100 lbs and LPG 20 lbs, is as follows:

1

As per 3 April 2018, until further notice, the new price breakdown for the products Mogas 95, Gasoil LSD, LPG 100 lbs and LPG 20 lbs shall be as follows:

2

Explanation
The increase of the end user prices for Mogas 95 and Gasoil LSD is the result of the changes of the purchase prices, a higher correction in the Surplus/Deficit component and an increase of the Margin Curoil. The increase in the end user prices for LPG 100 and LPG 20 is mainly caused by a sharp increase of the purchase prices. In order to moderate the increase of the LPG rates, a cross-subsidization by the tariffs for Mogas 95 and Gasoil LSD is applied.

Click Tag(s) for Related Articles:



-- ADVERTISEMENT --