NEWS

Fuel Price To Fall, But Gas Price Going Up

This will come into effect on Wednesday, April 1, 2020.
29 Mar 2020 09:27
Fuel Price To Fall, But Gas Price Going Up
James Robin fill up fuel for a cutomer at a Total Service Station iin Suva . Photo: Ronald Kumar.

Fuel prices are expected to fall while the price on Liquified Petroleum Gas (LPG) will climb, says the Fijian Competition and Consumer Commission (FCCC).

This will come into effect on Wednesday, April 1, 2020.

Retail Fuel Price

Motor Spirit: From $2.16 to $2.06 per litre, a decrease of 10 cents.

Premix: From $2.04 to $1.90 per litre, a decrease of 14 cents.

Kerosene: From $1.67 to $1.47 per litre, a decrease of 20 cents.

Diesel: From $1.87 to $1.71 per litre, a decrease of 16 cents per litre.

Retail LPG Prices

4.5kg Cylinder: From $13.88 to $14.43, an increase of 55 cents per 4.5kg Cylinder.

12kg cylinder: From $37.02 to $38.47, an increase of $1.45 per 12kg.

13kg cylinder: From $40.11 to $41.67, an increase of $1.56 per 13kg Cylinder.

Bulk gas: From $2.62 to $2.65, an increase of 3 cents per kg.

Autogas: From $1.76 to $1.78, an increase of 2 cents per litre.
The fuel and LPG price review implemented by the commission follows a one-month lag period.

Fiji is also directly impacted by world market prices for both refined oil and LPG.

Chief executive officer Joel Abraham said: “While this is a price reduction, all Fijians need to consider their usage of fossil fuels and its impact on the environment.

“Fijians must also be aware that fuel is a volatile market and Fiji is a price taker in the international refined fuel market.”

FCCC CEO Joel Abraham.

FCCC CEO Joel Abraham.

The commission will conduct the next fuel and LPG price review on May 1.

Edited by Naisa Koroi

Feedback: ilaijia.ravuwai@fijisun.com.fj

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