A report from the Central American Hydrocarbons Cooperation Committee (CCHAC) of the Central American Integration System (SICA) showed that Panama's fuel prices would be the lowest in Central America.
The report considered the average consumer prices of gasoline, diesel and liquefied petroleum gas in force in the week from January 31 to February 6, 2021, and was made based on official prices and monitoring by the hydrocarbons general directorates or their equivalents in different countries.
The highest prices with taxes in the capitals of the country correspond to the Dominican Republic in all products. Meanwhile, the lowest prices with taxes in the capital correspond to Panama, says the report.
Specifically, in the study period, 95 octane gasoline had an average consumer price of $ 2.78 per gallon in Panama. The second lowest price would be in El Salvador ($ 2.98), followed by Guatemala ($ 3.03), Nicaragua ($ 3.60), Honduras ($ 3.63), Costa Rica
($ 3.72) and the Dominican Republic ($ 3.93).
Panama also has the lowest prices in regular or 91 octane gasoline, in diesel and in the price of a 25-pound gas cylinder, according to the report.