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Ethiopia: New Year Sees First Adjustments on Fuel Retail Prices

The Ministry of Trade and Regional Integration (MoTRI) announced on the evening of Friday, September 29, 2023, that it has made the first retail price adjustment of the new Ethiopian year.

The revised price of the different types of fuel/gas is as follows.

Fuel Type

Previous Price,

per liter

Revised Price, per liter

Gasoline

Birr 74.85

Birr 77.65

White diesel

Birr 76.34

Birr 79.75

Kerosene

Birr 76.34

Birr 76.75

Airplane fuel

Birr 68.58

Birr 70.83

Light black diesel

Birr 62.22

Birr 62.36

Heavy black diesel

Birr 61.07

Birr 61.83


Fuel price adjustments were made on August 29 this year. The Ministry cited the global surge in fuel prices as the main reason for the fuel price increment. The revision of retail selling prices for petroleum products is determined monthly based on the global oil market prices and occasionally remains unchanged.

Source: BBC Amharic and 2Merkato Archives

https://solfet.com/