Gasoline prices rise slightly in Myanmar

Rangoon residents say petrol prices rose slightly today at petrol stations in Rangoon on April 20.

People lined up in Rangoon yesterday to buy petrol after the news broke that it would be sold on a quota basis. Drivers say cars lined up at some petrol stations in Rangoon this morning, but not as often as yesterday.

“Now it’s normal,” said a taxi driver who had to queue for petrol yesterday. There are less queues at gas stations. Yesterday was a very bad day. You can buy as much oil as you want in almost every shop. But the price of oil has gone up a little bit, ”he told DVB.

Drivers say military-owned petrol stations have been closed and some have closed due to running out of gas.

A businessman said: “People from us are forced to buy something. Just look at when Kovis was born. They bought more and more at the mall. As a result, the centers closed early. Later, things returned to normal, didn’t they? What has changed, though, is that commodity prices have risen. It is the same now, ”he told DVB.

Today, the price of 92 petrol in Yangon petrol market is 1940 kyats per liter. The price of 95 petrol is 1985 kyats and diesel (regular) is 2150 kyats. Diesel (premium) is 2310 kyats.

Yesterday, the price of 92 liters of petrol was 1890 kyats. The price of 95 petrol is 1975 kyats and diesel (ordinary) is 2160 kyats. Diesel (premium) was 2180 kyats.

Gasoline shops in Rangoon, Mandalay and other cities were sold at quotas yesterday after rumors surfaced on social media that there was a shortage of petrol in the country.

The military council, the Ministry of Electricity and Energy, On the evening of April 19, the Petroleum Inspection Department announced that there would be no shortage of fuel in the country.

About 45 million gallons of petrol and 70 million gallons of diesel are in the state, including the Thilawa petrol station, and two unloaded vessels are still at the port, the statement said.

Deputy Information Minister Zaw Min Tun, who appointed the military council, said in an interview with the military news agency Myawaddy that the imported fuel was sufficient.

“The main problem is that dollars are being sold to stabilize fuel prices,” he said. We also asked the importing companies to sell at the 1850 price. They can no longer pay the dollar for it when it is sold. There are rumors that the oil is gone because they do not want to sell it. We are issuing notices and warnings to relevant parties. As for kerosene, there are some kerosene on the road to get fuel imported from various companies to enter Myanmar on the road. “I want to tell the public not to believe the rumors about kerosene and that there is enough kerosene.”

The military council issued a statement shortly after the announcement that gas stations Denko and Max could buy as much gas as they needed at their stations.

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