Due to the surge in fuel oil prices, social organizations are facing significant challenges. The cost of fuel has risen to nearly Ks2800 per liter, impacting their ability to operate as before. These organizations can now only provide urgent assistance due to the financial strain caused by high fuel prices.
Many social organizations rely heavily on donations from well-wishers. However, with the increased fuel costs, they find it difficult to meet other essential requirements. One organization based in the Yangon suburban area expressed their predicament:
“As fuel prices continue to climb, our capacity to assist has been curtailed. We can only respond to critical cases,” stated a representative from the organization.
Despite these challenges, some social teams continue to offer free aid to those in need. They accept only fuel charges, and while some individuals have donated, many are unable to do so. These teams primarily rely on donors within their local wards.
To adapt to the situation, social organizations are collaborating with each other to carry out charitable work. For instance, when a case arises in a different township, they connect with social organizations from that area. However, due to the escalating fuel costs, their ability to travel long distances has been restricted. In the past, vehicles from various townships would converge at the scene to assist those in need.
As of February 2, the price of 92 Ron gasoline in Yangon has increased by Ks60 per liter, reaching Ks2,765 per liter. Here’s a breakdown of fuel prices according to the Supervisory Committee on Import, Storage, and Distribution of Fuel Oil.
Before January 26, a litre of 92 Ron cost Ks2,585, a litre of 95 Ron cost Ks2,720, a litre of diesel cost Ks2,430 and a litre of premium diesel cost Ks2,495. As a result, the price of 92 Ron increased by Ks180 per litre in just over a week.
The prices are rising again as the Singapore-based Mean of Platts Singapore (MOPS) prices become higher, according to the Supervisory Committee on Import, Storage and Distribution of Fuel Oil.
Despite the increase in fuel price, there is no need to queue at the fuel stations to buy fuel, according to taxi drivers.
“We can buy fuel without queuing at the fuel stations,” a taxi driver said. At the end of December 2023, the vehicles were seen queuing to buy fuel at the fuel stations. This was because a ban was announced at gas stations, which did not allow vehicles equipped with CNG to buy fuel.
