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Fuel

Video of Delimart Plaza being looted by demonstrators in Port-au-Prince

Delimart Plaza, Delmas 32, Port-au-Prince, Haiti being looted

Here is an amazing video of Delimart Plaza in Delmas 32, Route de Delmas during the protest over fuel price increase on July 7, 2018. Delimart was founded by Dr. Reginald Boulos in 2000. It is one of the biggest super market chain in Port-au-Prince. The address is Delmas 32, Port-au-Prince, Haiti,

Recently on July 6, 2018, when everybody was enjoying the world cup football quarterfinal matches, the Haitian Commerce and Economic Ministry issued a joint statement announcing an increase of 38%, 47% and 51% price for gasoline, diesel, and kerosene respectively. Major protests erupted on Friday in the country with demonstrators using burning tires and barricades to block major streets across the capital and in the northern city of Cap-Haitien. Dozens of shops were looted and burned. Cars were set ablaze. At least four people were killed.

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Gasoline price decreased in Haiti, but is this low enough?

Fuel Price, When price of gas, petroleum products increase in Haiti

Following pressure from the unions with a threat of major public strike, the government of Martelly has decided to decrease fuel price.

Following negotiations with several union groups, the Ministry of Economy and Finances has made the following revision in the price of petroleum:

- Gasoline 95 went down in price by 7.5%, from 215 to 210 gourdes (-15 gourdes)

- Diesel fuel down 9.27%, from 177 to 167 gourdes (-15 gourdes)

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Increases in fuel prices in Haiti, effective Friday, October 10, 2014

Fuel Price, When price of gas, petroleum products increase in Haiti

The public is advised that effective Friday, October 10, 2014, there will be a significant increase in the price of petroleum products in Haiti. In a joint statement issued by Marie Carmelle Jean Marie, Minister of Economy and Finance and Wilson Laleau, Minister of Commerce and Industry, they want to inform the public that effective today, the prices for distributors and consumers of petroleum products will be set as follows:

Gazoline 95 : 215 Gourdes (+ 15 Gdes : 7.5%)

Gasoil : 177 Gourdes (+15 Gdes : 9.27%)

Kerosene : 171 Gourdes (+ 10 Gdes : 6.3%)

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Rene Preval and Issue related to PetroCaribe

The Haiti PetroCaribe oil deal was signed just moments following the inauguration of René Préval; one mile away, in the Port-au-Prince bay, was the first shipment of diesel and unleaded fuel from Venezuela. Such decisive movements showed plainly that, while allaying US fears of a Haiti alliance with Venezuela, President Préval had already intended to join the Caribbean oil alliance.

The benefits were immediate, though it would take a few more years before regular deliveries of oil would be possible and construction on the promised oil refinery, an additional gift in the deal, would be complete. But Haiti's new fortune, while it came cheaply, was not without considerable price. The estimated $100 million US that the GOH would save from the delayed payment plan (with 60% up front and the remainder payable over 25 years at 1% interest) was paid for by the anger of the US Government and the US oil companies Chevron and ExxonMobil. Not only was PetroCaribe the project of Ugo Chavez, but it would mean significant losses to US investors.

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Haiti GB Group made acquisition in the petroleum sector

GB Group has become the first multinational company in Haiti to have over 360 service stations. This happened when the Haiti-based company's Energy division acquired Chevron's fuels marketing and aviation businesses. The acquisition involves the businesses in the Dominican Republic and Jamaica's St. Maarten.

Under the acquisition deal, the GB Group now has control over some 220 retail service stations that Texaco Brand operates. The deal also involves airport refueling operations and fuel terminals.

GB Group chairman Gilbert Bigio welcomed the deal, calling it an "important milestone." He added that the acquisition is a huge part of the company's plans to develop the local market, as well as grow globally. The transaction really goes well with GB Group's goals and vision, Bigio said. The chairman also shared that the acquisition is a golden opportunity that everyone in the company has been awaiting. It is known that since its establishment in Haiti in 1896, GB Group has been taking measures and initiatives to expand not only in Haiti but also in the international market. And the company's takeover of Chevron's divisions is a testament that GB Group's efforts are not going down the drain.

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Call for strike today in Haiti against the rise of fuel prices

Texaco Gas Station In Haiti

There wasn't supposed to be any activity on the streets in Haiti this Monday, march 28. Haitian unions called for a one day strike on Monday to protest the increase in fuel price by the Haitian government.

Based on the new rate, the gas prices were to increase as follows: The price of one gallon of one gallon is to be increased by 55 cents, or from $4.10 to $4.65, US. One gallon of diesel would jump to $1.00, or from 2.77 to 3.77. Finally

The strike called by Haitian Union was to start at 6:00am, on Monday and the goal was to force the Haitian government to bo back to their decision and continue to subsidize the fuel

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