The Government of the Republic, through the Ministry of Economic Affairs, has announced the new liquefied petroleum gas (LPG) prices in effect in the month of February and has set a subsidy increase that will translate into improvements in the family economy.
“This measure is a new effort by the government to continue to benefit more than a million households who use LPG in their homes,” said the Ministry of Economy Directorate of Hydrocarbons and Mines.
According to information from Minec, the grant has increased to $ 8.04 as of February 1. In such a way that Salvadorans they pay $ 4.35 for the 25 pound cylinder in February, despite the fact that international prices rose.
The £ 35 cylinder costs $ 17.27 unsubsidised, but subsidized $ 9.23.
For the 25 pound cylinder, the unsubsidized price is $ 12.39, but subsidized $ 4.35.
The Ministry of Economy explained that temperatures in much of Europe and Asia are below forecast and are expected to continue for several weeks in February. In addition, global gas demand is expected to continue to grow, driven by strong consumption in the fast-growing Asian economies and supported by the continued development of the international gas trade.