What will happen to the sale of two types of gasoline?

From this 2023 mixers and gas stations should start selling only two types of gasoline: premium and regular.

This measure aims to encourage the use fuel cleaner, and what does that mean in the pockets of Peruvians? Hydrocarbon specialist Gustavo Navarro notes that this should not mean higher prices.

“What will the presence of two gasolines in Peru mean? Reduced costs for the entire system, because today, for example, ships that distribute fuel to terminals must have several tanks. (Now) There are many. control, too, many types of gasoline have to be checked. Not to say that this is a very important reduction, but it is more efficient,” commented the CEO of Minem Hydrocarbons.

Macroconsult Assistant Economist Diego Diaz Pastor adds that processes will be simplified at terminals where gasoline is shipped to all distribution networks across the country and to direct consumers.

“You will have lower costs, for example, for storage, because you will have an expansion in storage capacity, which will reduce, say, the cost of inventory that he had in relation to 5 different products. So, this is a cost-cutting effect: logistics costs over time should also be passed on to users through price,” he commented.

For the former Director General for Hydrocarbons of the Ministry of Energy and Mines (Minem), Eric Garcia, this measure could increase competition in the market, which could lead to higher prices for end users.

And since when will it be effective? Minem recently extended the maximum period for this measure.

Manufacturers and distributors wholesalers they have up to 60 days to finish adjusting to normal, while faucets will have up to 120 days.

“Actually, in these times, they are looking for conventional gasoline units to run out of stock and be able to replace them gradually (…) This gives the cranes a deadline so that they can change the colors of the pumps, prices. This is a period of adaptation and maintenance”, Garcia said.

The commercialization of only two types of gasoline and gasoline, which is a fuel combined with fuel alcohol, will not be applied equally in all regions.

Minem points out that petrol 84 octane vehicles may continue to be sold in some regions during this year and part of 2024.

“Long term measures for the jungle, as well as the extension in the interior of the country, are because in some places they still have very old cars that do not have problems using 84-octane gasoline, but this tends to disappear.” , explained Pedro Gamio, Vice Minister of Energy, who agrees that this measure will not lead to a possible increase in prices.

Economist Macroconsult also notes that This fuel is mainly used by the low-income population

For now, the mine indicates that 84 octane gasoline, which makes up no more than 8% of the total demand for these fuels, can be sold until June 30, 2024 in Loreto, Amazonas, San Martin and Madre de Dios.