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12/12/13 - Cuba Standard.com - Government reduces subsidies for cooking gas

CUBA STANDARD - In another piecemeal introduction of more market, a
subsidiary of state company CubaPetróleo (Cupet) will begin selling cooking
gas at market prices in Havana and Santiago, official Website Cubadebate
reported.

Cupet officials cited the necessity to raise prices because 30 percent of
Cuba's liquid gas is imported, at market prices.

A pilot project that ended the "normed" sale of bottled liquid gas at
subsidized prices was introduced on the Isle of Youth early this year.
Havana and Santiago were next, because Cupet's Empresa de Gas Licuado
already has the necessary infrastructure there.

The free sale of bottled gas will be gradually introduced in other
provinces, as Cupet must make "substantial investments" in production and
distribution infrastructure there.

Each household will be allowed to buy up to two refillable gas cylinders
for 500 Cuban pesos each. Small businesses can buy up to five gas
cylinders. 

Original Source / Fuente Original:
http://www.cubastandard.com/2013/12/12/government-reduces-subsidies-for-cooking-gas/


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