New fuel prices to come into effect tomorrow
October 13, 2017 8:18 pm
The Minister for Industry and Trade Faiyaz Koya yesterday announced new prices of Unleaded Petrol, Premix, Kerosene, Diesel and LPG products, based on the latest review of prices by the Fijian Competition & Consumer Commission.
Motor Spirit will decrease by one cent to cost $1.89 per litre.
Kerosene will decrease by one cent to cost $1.30 per litre.
Premix will retail at $1.75 – an increase of 2 cents per litre.
Diesel will increase by two cents to cost $1.55 per litre.
The 4.5 KG cylinder of Liquid Petroleum gas will decrease by 9 cents, selling at $12.58 while the 12KG cylinder will cost $33.55 cents – a decrease by 23
Bulk will retail at $2.39 a KG – a decrease by 1 cent.
Auto Gas decreases by a cent to cost $1.58 cents.
The major reasons for the decrease in prices is the strong performance of the Fijian economy leading to the strengthening of the Fijian dollar against the US dollar, which has offset the increase in the international prices for butane, resulting in price decrease for all LPG products.
The new prices will come into effect tomorrow.