Lowers the Price of Extra and Ecocountry Gasolines After Reforming the Belt System
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What you should know: Daniel Noboa signed Executive Decree 444 on July 9, 2026.The decree reforms the system of regulation of fuel prices. The measure applies to extra gasoline, extra gasoline with ethanol and premium diesel. Fuel prices in Ecuador will have a new regulatory mechanism. President Daniel Noboa signed on Thursday July 9 Executive Decree 444, with which he reforms the regulation of prices for hydrocarbon derivatives so that reductio…
The National Government reformed the price stabilization mechanism for Extra and Eco-Country gasolines, which will allow for a reduction in the price of these fuels during the July update. The announcement was made on 9 July, a few days after the monthly price adjustment. According to the Presidency, the reform maintains the band system and incorporates an exceptional mechanism to reduce the impact of variations in the international market on th…
What you need to know The government reformed the band system so that extraordinary falls in international prices can be gradually moved to the price of extra gasoline, eco-country and diesel.The new mechanism will only be activated when specific conditions related to the evolution of the Import Parity Price are met and limits the monthly reduction to 1.5%.The Executive assured that the price update of July 12, 2026 already incorporates a reduct…
Government of Ecuador announced reforms of the price stabilization mechanism for Extra and Ecocountry gasolines, seeking to reduce the impact of extraordinary variations in the international market
Further reduction in the price of Extra and Eco-Country gasolines due to reform of the stabilization mechanism in Ecuador.
The Government reports that it has reformed the price stabilization mechanism for Extra and Ecopa s petrols, with the aim of incorporating a tool to reduce the impact of extraordinary variations in the international market on the price paid by users.
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