More than 4 million gallons of fuel oil have been unloading from oil tankers at the terminals of Thilawa Port and nearly 7 million gallons more will be unloaded and therefore there will be sufficient supply in the domestic market according to the Supervisory Committee on Oil Import, Storage and Distribution of Fuel Oil.
1.603 million gallons of 92 Ron, 0.88 million gallons of 95 Ron and 1.622 million gallons of diesel were discharged from the MT Yu Dong. At the same time, MT Intan Premier carrying 2.67 million gallons of Premium diesel and MT Yu Yi carrying 1.922 million gallons of diesel and 2.136 million gallons of premium diesel were docked at the respective terminals and unloading processes will be undertaken soon at the Thilawa Port. As a result, there is enough supply of fuel oil depending on the inventory conditions of oil tanks, fuel stations and distribution according to the Committee.
The fuel oil prices have been increasing this week and diesel price has slightly declined.
On November 1, a litre of diesel cost Ks.2675, a litre of 92 Ron cost Ks.1935 and a litre of 95 Ron cost Ks.2025.
On October 1, a litre of diesel cost Ks.2460, a litre of 92 Ron cost Ks.2045 and a litre of 95 Ron cost Ks.2115.
As the business supervisory committee, in cooperation with the Myanmar Fuel Import, Sales and Distribution Association, fuel are distributed based on fuel balance for townships in regions and states.
As the business supervision committee publishes the reference prices of fuel oil daily based on the MOPS price published daily by Singapore keeps the exchange rate of the Central Bank of Myanmar, premium, underestimate, and profit percentage and transport charges.
