Fuel and gas prices to increase from tomorrow

Fuel and gas prices to increase from tomorrow

By Vijay Narayan
Wednesday 31/03/2021

Get ready to dig deeper into your pockets as the prices of unleaded fuel, diesel, kerosene, premix and gas will go up from tomorrow.

The Fijian Competition and Consumer Commission says unleaded fuel will go up by 11 cents to $2.24 per litre, diesel will go up by 11 cents to $1.86 per litre, kerosene will increase by 15 cents to $1.43 per litre and premix will go up by 10 cents to $1.85 per litre.

The FCCC says the fuel and gas price review implemented by the commission follows a one-month lag period, as such, the April 2021 fuel and gas regulated prices are based on the importations made in February this year by the companies.

The fluctuations noted in fuel prices for April are due to unfavourable movements noted in the international prices for unleaded fuel, premix, kerosene and diesel and unfavourable movements in the international freight rates which were supported by strengthening of the US dollar against the Fijian dollar based on February imports.

The crude oil prices also surged by more than 13 percent to their highest monthly average since January 2020, hitting 13-month highs.

Gas prices in Fiji is impacted by the movement in Saudi Aramco Butane Contract Price (CP), the international freight rate and the exchange rate.

Fiji Gas Limited says after the FCCC’s assessment, the maximum retail price for a 13 kg cylinder of gas to be sold in Viti Levu and Vanua Levu will be $40.94 while autogas will be $1.77 a litre.

The company says the maximum retail price for a 13 kg cylinder of gas on the outer islands will be $41.94, those living in Taveuni for gas to be delivered out of Vanua Levu will have to pay $43.93 while autogas per litre will be $1.84.

FEATURE NEWS
No time frame given for the salvage operations of RFNS Puamau
No timeline has been given on how long the salvage operations for the RFNS Puamau will take as the Fiji Navy has started the de-fuelling process in Fu...
10 hours ago
LATEST NEWS
Chance for a reset
As Prime Minister Sitiveni Rabuka reflects on his position post the extraordinary events of the last two weeks his options may appear intoxicating, ...
9 hours ago

Committee silent on 7-year tax holiday to Fiji Water – Chaudhry
Fiji Labour Party leader, Mahendra Chaudhry says it is surprising that the 2023 Fiscal Review Committee which has submitted a range of taxation ...
10 hours ago

Fiscal Review Committee wants departure tax to be increased
The Fiscal Review Committee is recommending a staggered implementation of the departure tax to $170 from 1st April 2025 and $200 from 1st April 2026 ...
10 hours ago

Govt not considering 30% pay increase for teachers – Prof. Prasad
A 30 percent increase is not something the government is considering for teachers. Deputy Prime Minister and Minister for Finance, Professor Biman ...
14 hours ago

Excitement builds up as Hibiscus Festival coming back after 5 years
Excitement is in the air as Suva braces to hold the mother of all festivals, the Miss Hibiscus Festival which will be held after a lapse of 5 ...
15 hours ago



fijivillage Straight Talk with Vijay Narayan
Latest Videos

Stay tuned for the latest news on our radio stations

CFL radio frequencies
yb
IN DEPTH
Crisis within FijiFirst relating to the termination of 17 MPs who voted for salary increases
A crisis has erupted within the FijiFirst party relating to the termination of 17 members of parliament who supported the government's motion to ...
4 days ago

Pre-Budget 2024-2025
Pre Budget 2024-2025 budget recommendations and an insight of what people on the ground wish to see in the National Budget
7 days ago

Sayed-Khaiyum case on alleged payment of Saneem's taxes without proper approval
It is alleged that between the 30th of June, 2022 and the 12th of July, 2022 in Suva, whilst being employed in the civil service as the Acting Prime ...
8 days ago

TOP