The Ministry of Energy and Mines (Minem) determined that the price band for packaged liquefied petroleum gas (LPG-E, also known as kitchen ball) will be defined by the Import Parity Price (PPI), and now not by Export Parity Price (EPP), in the Fuel Price Stabilization Fund (FEPC). Through supreme decree No. 001-2024-EM, the Peruvian Government […]
Tag: FEPC
Bottled LPG will remain in the Stabilization Fund until August 31, 2023
The Minem considered extending the permanence of this fuel in the FEPC, due to the fact that there is no predictability in the evolution of its international price. Fonavi: they propose to start the returns in July Price of the dollar today in Peru: what is the exchange rate for this May 26? The Ministry […]
Minem will keep the LPG balloon within the Price Stabilization Fund
The head of the Ministry of Energy and Mines (Minem), oscar verareported this Saturday that they will bet on keeping the LPG balloon within the Price Stabilization Fund (FEPC). “We are going to try to continue with the proposal because (bottled LPG) is a basic necessity product and we do not want to affect consumers. […]
LPG balloon would rise 10% for 8 million families from May 26, warn unions
The Peruvian Society of Liquefied Gas (SPGL) warned that the withdrawal of liquefied petroleum gas (LPG) from the Fuel Price Stabilization Fund (FEPC), scheduled for May 25, would increase the price of gas cylinders for 8 million homes by at least 10%. According to the union, said output would leave domestic LPG without the mechanism […]
Stabilization Fund: official injection of S/1,643 million to contain fuels
The Congress of the Republic made official today Law 31674, which approves provisions to ensure compliance with the payment of obligations of the Fund for the Stabilization of Prices of Fuels Derived from Petroleum (FEPC). The mechanism, provided based on the recommendations of the Plan Impulso Peru, strengthens said fund with an additional S/1 million […]
Executive evaluates incorporating fertilizers to the Fuel Stabilization Fund
Given the prolongation of the high prices of fertilizers, the Executive evaluates the inclusion of these agricultural inputs to the Fuel Price Stabilization Fund (FEPC), according to the head of the Ministry of Agrarian Development (Midagri), Victor Maita. “Today we are also evaluating (in the Government) that fertilizers be incorporated into the Fund for Stabilization […]
Diesel BX for vehicular use returns to the Fuel Price Stabilization Fund
The Ministry of Energy and Mines (Minem) resolved the return of Diesel BX for vehicular use to the Fund for the Stabilization of Prices of Fuels Derived from Petroleum (FEPC), as an auxiliary measure to alleviate the prices of this fuel, hit these days due to the international oil crisis. This comes in line with […]