News

Fuel prices decrease

October 14, 2015 2:32 am

Fuel prices will go down from tomorrow.

This was announced by the Minister for Trade Faiyaz Koya at a press conference today.

The price of Motor Spirit will be reduced by 10 cents from $2.21 to $2.11 per litre, Premix to reduce by 10 cents from $2.09 to $1.99 per litre while Kerosene will be reduced by 11 cents from $1.36 to $1.25 per litre. Diesel goes down by 15 cents from $1.79 to $1.64 per litre.

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There has also been a reduction in LPG prices.

The price of a 4.5kg cylinder will reduce by 43 cents from $13.40 to $12.97; a 12kg cylinder will reduce by $1.15 from $35.73 to $34.58 while bulk per kg will reduce by 8 cents from $2.40 to $2.32. Auto gas per litre will reduce by 3 cents from $1.66 to $1.63.

Koya says the fuel and LPG price reduction, the current pricing structure for the various geographical markets in Fiji, has also been revised and realigned as part of the review.