The Ethiopian Ministry of Trade and Regional Integration announced revised retail prices for fuel, effective from tomorrow December 10, 2021. The Ministry cited depletion of the fuel price stabilization fund, mentioning the fund kept fuel prices stable despite continuous global price rise of fuel, as one of the reasons for the price increment.
The Ministry also said the relatively lower prices of fuel in Ethiopia compared to neighboring countries has been a cause for contraband sales of fuel, and the price adjustment also aims to address that.
Here is the revised price of the different types of fuel/gas.
|Fuel Type||Revised Price,
|Benzene||31.74 birr||25.82 birr|
(a mix of benzene and ethanol)
|21.19 birr||25.32 birr|
|Diesel||28.94 birr||23.04 birr|
|Kerosene||28.94 birr||23.04 birr|
|Light black diesel||23.73 birr||20.27 birr|
|Hard black diesel||23.29 birr||19.77 birr|
|Airplane fuel||58.77 birr||38.60 birr|
Source: Fana BC