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Article Excerpt
Fed up with fuel prices said to be the highest in Central America, Honduran President Manuel Zelaya is sidestepping the companies that control the importation and distribution of fuels and putting the business out to international bid. The companies are Esso, Texaco, Shell, and Dippsa, a Honduran consortium. Zelaya made the decision on Feb. 6, eleven days after taking office, as a first step in making good on a campaign promise (see NotiCen, 2006-02-02). He also sent the legislature a bill to lower the import tax on fuels and moved to start building storage facilities for a strategic fuel reserve.
A month later, on March 8, the Cabinet adopted the decision at a Casa Presidencial meeting at which representatives of the transnationals and members of the Coalicion Patriotica de los Combustibles (CPC) were present. The CPC is an organization seeking to change the country's energy policy. Minister of the Presidency Yani Rosenthal said the transnationals that monopolize the business were in fierce opposition to the measure and had threatened to halt supplies into the local market.
Coordinator of the Industria Hondurena del Petroleo Mario del Cid replied with...
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