Panama Extends Fuel Subsidy with Slight Price Decreases - Expat Community

Panama Extends Fuel Subsidy with Slight Price Decreases

Nov 17, 2023 | News & Articles, Panama | 0 comments

The fuel subsidy has been extended until December 15, maintaining the gallon price at B/. 3.25 for 91-octane gasoline and diesel.

 

From this Friday, November 17, to December 1, official fuel prices in Panama will experience a slight decrease ranging from B/. 0.04 to B/. 0.03 cents for 95 and 91 octane gasoline, while diesel will see a reduction of B/. 0.05 cents.

 

On November 14, the Cabinet Council approved the extension of the fuel subsidy until December 15, maintaining the fixed price per gallon at B/. 3.25 for 91-octane gasoline and diesel.

 

Fuel prices per liter in Panama:

  • Colón: B/.0.935
  • Arraiján: B/.0.938
  • Penonomé: B/.0.943
  • Santiago: B/.0.943
  • David: B/.0.956
  • Boquete: B/.0.959
  • Changuinola: B/.0.985

 

In Panama, maximum selling prices are updated every fourteen calendar days based on variations in respective import parity costs and estimates of freight costs and reasonable marketing margins for each fuel.

 

Telemetro.com – https://www.telemetro.com/nacionales/combustible-anuncian-los-precios-que-empezaran-regir-partir-este-viernes-n5942114

Related Post

What is going on in your part of the world? Are there any news of relevance you believe should be translated to english? Comment below!

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *

Subscribe for Weekly News Summaries