President Gustavo Petro has put on the table the possibility of the country being able to buy gasoline abroad at a cheaper price to prevent the deficit of the Fuel Price Stabilization Fund (FEPC) from continuing to grow.
The Ministry of Mines and Energy (MinEnergia) announced fuel prices for June 2023. Here are the details.
The second call for the Pacific Regasification project has already undergone four amendments to extend the proposal submission deadline for investors.
On September 19, 2022, the government of President Gustavo Petro launched a new tender for the construction of the Pacific Regasification Plant in Colombia.
Finance Minister Ricardo Bonilla talked about the plan to increase diesel prices.
Just after an increase of CoP$600 per gallon, the Ministry of Mines and Energy (MinEnergia) announced a proposal to change the way gasoline prices are set in the country, causing great controversy.
The newly appointed Minister of Finance (MinHacienda), Ricardo Bonilla, spoke about the Fuel Price Stabilization Fund (FEPC) and the government’s plan to fight the deficit and stabilize fuel prices.
As plans move forward to transition from fossil fuels to cleaner sources, companies involved in the production and distribution of fuels are exploring new business opportunities.
José Antonio Ocampo has barely left the building. His replacement Ricardo Bonilla has barely learned the passwords on his new computer and already he had to correct MinEnergia Irene Vélez on fundamental economics. This time it concerns gasoline pricing.
New Minister of Finance (MinHacienda) Ricardo Bonilla González talked about key issues such as economic stability, interest rates and fuel prices, among other.
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