A portable apparatus for dispensing a volatile substance and for delivering light, comprising: a lantern (10) comprising a housing (12), such that said housing comprises at least one base (14), a bell (16) and a part superior (18); an assembly (44) disposed in said housing to accommodate the fuel cartridge (40); a tube (50) for supplying fuel from said fuel cartridge to a combustion nozzle (52); a source of sparks (56) for igniting a fuel / air mixture for combustion in said combustion nozzle (52), such that said combustion comprises a heat source for volatilizing said volatilizable substance; a heating plate (34) disposed above said heat source; a tablet (29) having a volatilizable substance, arranged above said heating plate (34), such that said volatilizable substance is volatilized by the heat produced by said combustion in said heat source; said lantern (10) further comprising at least one light source, said light source being powered by electricity; such that said light source (62) and said heat source are independently controlled from each other.Un aparato portátil para dispensar una sustancia volatilizable y para suministrar luz, que comprende: un farol (10) que comprende una carcasa (12), tal que dicha carcasa comprende al menos una base (14), una campana (16) y una parte superior (18); un conjunto (44) dispuesto en dicha carcasa para alojar el cartucho de combustible (40); un tubo (50) para suministrar combustible desde dicho cartucho de combustible hasta una boquilla de combustión (52); una fuente de chispas (56) para encender una mezcla de combustible/aire para una combustión en dicha boquilla de combustión (52), tal que dicha combustión comprende una fuente de calor para volatilizar dicha sustancia volatilizable; una placa calefactora (34) dispuesta arriba de dicha fuente de calor; una pastilla (29) que tiene una sustancia volatilizable, dispuesta arriba de dicha placa calefactora (34), tal que dicha sustancia volatilizable es volatilizada por el calor