Press Release. The Minister of Finance, Hon. Sili Epa Tuioti has advised that the following changes in retail petroleum products prices will apply from 1st December 2020.
The Hon. Minister announced an increase in the Retail Price for Petrol by 0.3 sene, so the price remains the same at $2.18 sene per liter.
Diesel will increase by 2 sene from $2.06 sene to $2.08 per litre, and Kerosene will increase by 6 sene from $1.62 sene to $1.68 per litre.
The key market drivers (MOPS and Freight costs) were relatively stable in October, however the US$ strengthened against the Tala by 0.5% leading to inceases for all products.