Fiji Time: 6:42 AM on Wednesday 17 January

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New price of fuel and gas to come to effect next week

TALEBULA KATE
Saturday, January 13, 2018

Update: 6:16PM UNFAVOURABLE movement in the international prices for all petroleum products experienced in the last quarter has resulted in the increase of the price of fuel and gas.

Minister for Industry and Trade, Faiyaz Koya highlighted this at a press conference this afternoon of the new price of the commodities which will come to effect on Monday next week, January 15, 2018.

Mr Koya announced the price increases of motor spirit, premix, kerosene, diesel and liquefied petroleum gas (LPG) which is based on the latest review of prices by the Fijian Competition and Consumer Commission.

 "Fiji is directly impacted by the world market prices for both refined oils and LPG. As such, any changes to the world market prices will be reflected in fuel and LPG prices in Fiji," Mr Koya said.

The new fuel prices are as follows:

  • Motor Spirit from $1.89 to $2.03 per litre, an increase of 14 cents per litre;
  • Premix from $1.75 to $1.89 per litre, an increase of 14 cents per litre;
  • Kerosene from $1.30 to $1.49 per litre, an increase of 19 cents per litre; and
  • Diesel from $1.55 to $1.71 per litre, an increase of 16 cents per litre.

 The new LPG prices are as follows:

  •  4.5 kg cylinder from $12.58 to $14.43, an increase of $1.85;
  •  12 kg cylinder from $33.55 to $38.48, an increase of $4.93;
  • Bulk from $2.38 per kg to $2.72 per kg, an increase of 34 cents; and
  • Auto Gas per litre from $1.58 to $1.82, an increase of 24 cents.







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