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Petroleum - Haiti Observer Blog

Petroleum, Haiti Observer Blog. Read the following articles about Petroleum


 

Haitian Government committed to end subsidies on all Petroleum Products

You might think that the decision of the Haitian government to increase the prices for distributors and consumers of petroleum products today is the end of the story. Not at all. Beginning 2015, these prices will go even higher. Gasoline price is expected to increase to 228 gourdes by January and 243 gourdes by September 2015.

Reducing or eliminating fuel subsidies is a politically sensitive issue in Haiti, a country where the majority of the population lives below the poverty line

These increases will immediately be felt, affecting products of basic necessity such as food, transportation just to name a few. However, economists agree that phasing out the subsidies in Haiti is necessary if the government wants to continue with much needed infrastructure projects and other social programs.

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

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%)

Kreyol Pale, Kreyol Kompren

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