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: stabilization fund
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 […]