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Government Adopts Technical Measures To Mitigate Rise In Fuel Prices

PERU
  • The Ministry of Energy and Mines (Minem) on Monday reported that the Executive Branch has adopted technical measures to mitigate the rise in fuel prices. (ANDINA)
  • Thus, the Government has extended the inclusion of 84 and 90 octane gasoline, 84 octane gasohol, and bulk LPG in the Fuel Price Stabilization Fund (FEPC) until September 30 this year.
    • The decree states that high volatility in international prices of oil and its derivatives still persists in the current context, stressing the need to adopt measures that mitigate the effects of said volatility in the prices of certain fuels sold in the Peruvian market, for the benefit of consumers.

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