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Port Moresby
November 18, 2019
Business Finance News

ICCC Announces September Fuel prices


The Independent Consumer and Competition Commission has announced new retail fuel prices for this month. As of September the 8th, motorists will have been given a slight reprieve, with prices for petrol, diesel and kerosene, seeing slight decreases.
In Port Moresby, Petrol prices has seen a significant decrease of 10.67 toea per litre – to K3.44 per litre, Diesel also sees a slight decreases of 8.73 toea per litre – to K3.20 per litre; and Kerosene has decreased by 8.95 toea per litre – to K2.92 per litre.
For outside centres, prices has decreased as follows;
• Petrol prices by 10.67 toea per litre; Diesel prices decrease by 8.73 toea per litre; and Kerosene prices will have decreased by 8.95 toea per litre.
According to the ICCC, these increases are mainly attributed to the decrease in the international crude oil prices.

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