Thursday 25 February 2021

Draft Bill Proposes 72% Reduction In Price of LPG; To End Monopoly

File photo

(QCOSTARICA) Being a product of mass consumption in Costa Rica households, legislators of the Movimiento Libertatio (ML) party presented a draft bill that aims to substantially reduce the price of Liquified Petroleum Gas (LPG) and end the monopoly for its import and distribution.

Spearheaded by ML party leader, Otto Guevara, the draft bill would reduce the “impuesto unico” (single tax) on gas, reducing the cost to the consumer from the current ¢141.55 colones per litre to ¢94.30 colones.

- Advertisement -

According to the Census 2011, it is estimated that LPG is used in 451,000 households across the country.

The Libertarians say, “the tax (on gas) is highly regressive and hits directly the pockets of consumers, which many of these are Costa Rican families trying to prepare meals more economically, considering the high prices of electricity.”

“RECOPE, since August 2011 does not refine a drop of oil, does not produce Liquefied Petroleum Gas and demonstrated that a monopoly has no incentive to be efficient in importing, storing, transporting and packaging LPG. For these reasons we present this bill, so that consumers benefit from a reduction in the final price”, said Guevara.

- Advertisement -

We strive for accuracy in its reports. But if you see something that doesn’t look right, send us an email. The Q reviews and updates its content regularly to ensure it’s accuracy.

"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

Related Articles

Almost a million people over 58 must be vaccinated against covid-19

QCOSTARICA - Almost a million people aged 58 and over, throughout...

Can you pay your bills by playing baccarat online?

Casino and baccarat is a term of love. Gambling is known...


The “marías” resist dying in a technological shakeup for taxi drivers

QCOSTARICA - The disappearance of the taximeters (popularly known as "marías") will not be immediate despite the new mobile application that will manage services...

Demographer: ‘Costa Rica is experiencing a paradoxical scenario: drop in cases of covid-19 and increase in the contagion rate’

QCOSTARICA - "We are experiencing the paradoxical situation of reduction in the number of daily cases at the same time that we have an...

Despite Covid and Barriers Nicaraguans Migrate to Costa Rica

QCOSTARICA - Restricted borders, increased immigration patrols, limitations in transportation and movement and the pandemic has not deterred Nicaraguan migrants from arriving in Costa...

4 FREE Project Management Software for Recruiting and Onboarding New Employees

Recruitment is a prolonged process for any organization that consumes both effort and time. Even though almost 82 percent of the recruiters prefer a pre-assessment...

58 or older? This you what should know about the COVID-19 vaccination

QCOSTARICA -  On Tuesday this week, a new batch of COVID-19 vaccines from Pfizer arrived, and with that began vaccination of people of 58...

AyA’s board member reacts: GM says that everything was resolved

QCOSTARICA - A member of the board of directors of the Instituto Costarricense de Acueductos y Alcantarillados (AyA) - water utility - Yolanda Acuña...

Costa Rica, Cuba to cooperate in television and radio broadcasting

HQ (Prensa Latina) Costa Rica and Cuba on Friday signed a framework cooperation agreement between the National System of Radio and Television S.A. (SINART)...

Central America gets ready for a possible wave of migrants on the way to the United States

Q24n - Central American countries presented a plan on Monday in the face of a possible migratory wave of Haitians, Cubans, Asians and Africans...

New cold push will bring gusts of up to 100 km/h and cooler temperatures this weekend

QCOSTARICA - A cold push is expected to grip all of Costa Rica this weekend, with wind gusts of up 100 km/h and cooler...


Get our daily newsletter with the latest posts directly in your mailbox. Click on the subscribe and fill out the form. It's that simple!

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.