The Competent Authority has approved the new petroleum prices for January – February 2012 to be effective from Monday 16th January 2012 and therefore wish to notify the public accordingly.
Retail price for petrol product have increased and prices for diesel and kerosene have decreased compared to the prices of December 2011-January 2012. The retail price for January – February 2012 for Petrol have slightly increased by 1.32 seniti/litre to $2.71 per litre (equivalent to 0.49% increase). Kerosene have slightly decreased by 5.89 seniti/litre to $2.23 per litre (equivalent to -2.57% reductions) and Diesel have slightly decreased by 4.94 seniti to $2.87 per litre (equivalent to -1.69% reductions). The wholesale price for Diesel for Power decreased by -4.93 seniti/litre to $2.00 per litre (equivalent to 2.39% reduction).