7 News Belize

National Gas Company Ready
posted (April 8, 2020)

The National Gas Company, which is the public/private entity that will take over the importation of butane from those Central American Importers, is also speaking up in this wide open dispute.

They aren’t weighing in on the dispute between Government and the Central American importers. National Gas Company is instead assuring the public that they will continue their preparations to become Belize’s only importer of butane.

National Gas Company says, quote, “For its part, NGC will continue to prepare Belize’s sovereign capacity to directly access world markets for Liquefied Petroleum Gas (LPG), thereby strengthening Belize’s self- sufficiency and preparedness for emergencies such as this. World market prices of petroleum products, including LPG acquired for sale in Belize, have fallen significantly - caused in part by the pandemic. This lower acquisition price should be passed on to the Belizean consumer by way of the regulatory procedures established for the LPG price setting.â€￾

Home | Archives | Downloads/Podcasts | Advertise | Contact Us

7 News Belize