Belize to witness rise in pump price of regular gasoline

The Ministry of Finance announces that on Wednesday, March 10, 2021, the pump price of regular gasoline will increase by 25 cents from $9.81 to $10.06 per gallon.

10th of March 2021

Belize: The Ministry of Finance announces that on Wednesday, March 10, 2021, the pump price of regular gasoline will increase by 25 cents from $9.81 to $10.06 per gallon.

The prices for premium gasoline, kerosene, and diesel will remain the same at $10.40, $6.75, and $9.62 per gallon, respectively.

The price change reflects the current demand and supply conditions of crude oil in the global petroleum market and fluctuations in the acquisition cost of refined fuel products in the countries from which Belize obtains its supplies.

The Government of Belize is monitoring the cost movements and supply conditions closely and will work with the fuel sector to safeguard the pump prices paid by Belizean consumers.

On the other hand, the Ministry of Blue Economy and Civil Aviation Meets with Belize Coast Guard; on Tuesday, March 9, 2021, officials from the Ministry of the Blue Economy and Civil Aviation met with the Belize Coast Guard (BCG) at their headquarters in Belize City.

During the meeting, the BCG discussed its role in securing the space necessary for economic development and the safety of actors and stakeholders in Belize’s maritime areas. Also highlighted was the mandate of the BCG to safeguard maritime resources, which are central to the blue economy and livelihoods.

Both the Ministry and the Belize Coast Guard recognize each other as key partners in the blue economy. Opportunities for strengthening the existing collaboration between the Fisheries Department and the BCG were also identified.

The commitment was made for joint strategic planning and resource mobilization to meet maritime security needs, the re-establishment of a reformed and repurposed Maritime Security Conference, and the continued support to the Fisheries Department.

Present at the meeting were Kennedy Carrillo, CEO; Beverly Wade, Planning and Policy Advisor in the Ministry; Commander Gregory Soberanis, Acting Commandant of the BCG; Lieutenant John Diego and Lieutenant Armando Cobb of the BCG.

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