Mexico Gasoline Changes

Monitoreconomico

During the plenary session of the Energy Regulatory Commission (CRE) it was determined that the liberalization of gasoline prices will be gradual and will begin on March 30, 2017 in the states of Sonora and Baja California, Because they are the ones that have greater infrastructure of transport and storage have and can generate an environment of competition.

The schedule of price flexibility, which was approved by the CRE, indicates a staggered liberalization by states based on competition and infrastructure, with the intention of not impacting the inflation index.

In Chihuahua, Coahuila, Nuevo León, Tamaulipas and Gómez Palacio, Durango, liberalization will take place on June 15 of next year. Subsequently, in the next stage, scheduled for October 30, the states of Baja California Sur, Durango and Sinaloa are considered.

Then, November 30 is the stage that includes most of the national territory when contemplating: Mexico City, Jalisco, Aguascalientes, Colima, Chiapas, State of Mexico, Guanajuato, Guerrero, Hidalgo, Michoacán, Morelos, Nayarit, Puebla, Querétaro, San Luis Potosí, Oaxaca, Tabasco, Tlaxcala, Veracruz and Zacatecas. Finally, Campeche, Quintana Roo and Yucatan will have prices liberalized on December 30 of next year.

In recent days, the Secretary of the Treasury and Public Credit, José Antonio Meade Kuribreña, did not rule out that starting in January the prices of gasoline will begin to rise, given the effects of the liberalization process, which aims to reduce the gap between current price of fuel and what it should cost, according to the global market.

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