2merkato

The Ethiopian Ministry of Trade and Industry has announced revised retail prices for fuel, effective from today May 8, 2019.

Here is the revised price of the different types of fuel/gas.

Source: Fana BC

The Ethiopian Ministry of Trade and Industry announced fuel retail prices of fuel will remain unchanged for the month of August 2020.

Ministry of Trade decided not to change the price of petroleum products, except jet fuels, retail price for another month.

The Petroleum and Energy Authority has announced that fuel tankers engaged in illegal activities, such as hoarding fuel under the pretense of price revisions or intending to sell it on the black market, will be suspended from operation for three months.

Gada Special Economic Zone Development Corporation (GSEZDC) has signed a memorandum of understanding (MoU) with China Civil Engineering Construction Corporation (CCECC) to construct a logistics and export processing center which will be built on 1,000 hectares of land over the coming five years.