Gas prices in Costa Rica are about to jump for the ninth time this year as soon as the latest increase approved by the Public Services Regulatory Authority (ARESEP) yesterday goes into effect, according to a statement from the authority.

The price of one liter of super gas will jump from ¢533 ($1.02) to ¢568 ($1.09), while one liter of diesel will cost ¢375 ($0.72), up from ¢362 ($0.70). Kerosene will increase from ¢385 ($0.74) to ¢403 ($0.78), and one liter of jet fuel will cost ¢409 ($0.79), up from ¢394 ($0.76).

The National Oil Refinery (RECOPE) requested these increases, citing increases in the price of petroleum derivatives caused by a shortage in U.S. gas reserves.

These price adjustments will go into effect as soon as they are published in the official government daily La Gaceta. They were sent to the National Printer yesterday and are likely to be printed April 25, the statement said.