Petrol, LPG prices to remain stable - NPA

By: Farida

31st December 2017

Hasan Tampuli,CEO of NPA

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The National Petroleum Authority has announced to the general public that there will be stability in prices of LPG and Petrol at the pumps, effective January 1, 2018.

The Authority in a statement explained that the move is in line with drop in crude and petroleum prices at the world market, as well as stability in the Exchange Rate.

It further indicated that, the NPA has equally activated the price stabilization and recovery levy to stem potential upward adjustment in the price of diesel.

The statement concluded that, the Authority wishes to assure the public of its commitment to monitor the situation in order to ensure the full benefit of the reduction is felt.