Business News of 2014-04-16

Diesel price goes down by 3.94%

The National Petroleum Authority (NPA) has revised downwards the price of diesel effective today, April 16, 2014.

The NPA in compliance with the automatic adjustment formula, revised petroleum prices, which saw all prices remain the same except diesel, which dropped by 3.94 percent.

This means diesel will now sell at 268 pesewas per litre.

Meanwhile, the prices of petrol, kerosene, premix fuel and Liquefied petroleum gas (LPG) saw no change.

Below is a table of the price build-up effective April 16, 2014

REVISION OF EX-PUMP PRICES EFFECTIVE APRIL 16, 2014 Domestic Products

Product

Current Ex-Pump Price – April 1, 2014 (GHp/Lt or Kg)

Revised Ex-Pump Prices for PBU Effective April 16, 2014

% Change

Premium

273.00

273.00

0.00%

Kerosene

261.00

261.00

0.00%

Gas Oil

279.00

268.00

-3.94%

MGO Local

236.00

236.00

0.00%

RFO

135.00

135.00

0.00%

LPG

287.00

287.00

0.00%

Premix

125.00

125.00

0.00%

Unified

233.00

233.00

0.00%

Kero Mines

274.00

283.00

3.28%

Gasoil to Rig

329.00

338.00

2.74%

Gasoil Mines

329.00

338.00

2.74%

Export Products

Product

Current Ex Pump Price – April 1, 2014 (US Cents/Lt)

Revised Pump Prices for PBU Effective April 16, 2014 (US Cents/Lt)

% Change

ATK

102.00

102.00

0.00%

MGO Foreign

111.00

111.00

0.00%