The Fuel Import, Storage, and Distribution Supervision Committee has announced that a total of 29 fuel tankers are scheduled to arrive in February.

Currently, six fuel tankers are docked at Thilawa port terminals, while three are anchored offshore, one is en route, and ten are in foreign countries, ready for shipment. The committee stated that these arrivals had been prearranged to ensure a steady supply.

In addition to meeting daily consumption needs, fuel reserves for approximately one month have been stored. Distribution is being carried out nationwide via Thilawa port to prevent shortages and ensure fuel availability wherever needed.

After two consecutive weeks of price increases, fuel prices saw a slight decline as of February 7, according to the latest price bulletin issued by the committee.

As of February 7, the official fuel prices were set at 92 Ron cost Ks 3,160 per liter, 95 Ron cost Ks 3,220 per liter, regular diesel cost Ks 2,735 per liter, and premium diesel cost Ks 3,370 per liter.

The prices of fuel sold on January 31 were 3,180 kyats per liter for 92 Ron, 3,260 kyats per liter for 95 Ron, 2,820 kyats per liter for regular diesel, and 3,485 kyats per liter for premium diesel.

As a result, fuel prices decreased by 20 kyats per liter for 92 Ron, 40 kyats per liter for 95 Ron, 85 kyats per liter for regular diesel, and 115 kyats per liter for premium diesel.

The Ministry of Commerce stated that more than 1.2 million tons of diesel and gasoline were imported from abroad in the first two and a half months of the 2024-2025 fiscal year, and more than 800,000 tons of diesel were imported.

From April to mid-June of the 2024-2025 fiscal year, 806,788 tons of diesel were imported from abroad, worth $666.078 million. The import of 415,282 tons of gasoline was valued at $394.429 million, and the total import of 1,222,071 tons of diesel and gasoline was valued at $1,060.507 million.

Annually, the import of diesel and gasoline from abroad was 5,938,003 tons in the 2017-2018 fiscal year, worth $3,206.722 million; in 2018 (Mini Budget), 2,576,941 tons were imported, worth $1,699.836 million; in 2018-2019, 5,360,465 tons were imported, worth $3,175.829 million; in 2019-2020, 6,103,978 tons were imported, worth $2,671.286 million; in 2020-2021, 4,384,222 tons were imported, worth $2,186.931 million. The Ministry of Commerce has announced that the import of 2,568,087 tons worth $2,010.993 million in the 2021-2022 (Mini Budget), 4,713,414 tons worth $4,987.178 million in the 2022-2023 fiscal year, and 5,155,654 tons worth $4,625.749 million in the 2023-2024 fiscal year.

The Central Bank of Myanmar has announced that it will sell $23 million to fuel oil entrepreneurs in the foreign exchange market on February 5, 2025.