New Price Ceiling for petroleum Products on the Liberian Market
Thursday, 31st May 2012
Circular
May 28, 2012
NEW PRICE CEILING FOR PETROLEUM PRODUCTS ON THE LIBERIAN MARKET EFFECTIVE MAY 29, 2012
The Ministry of Commerce & Industry, in close consultation with the management of the Liberian Petroleum Refining Company, (LPRC), announces with immediate effect a decrease in the wholesale and retail pump price of gasoline (PMS) only on the Liberian Market.
There is a US$0.20 cents decrease in the price of gasoline, (PMS), while Fuel Oil (AGO), Jey A-1 and AKT remain the same.
Therefore, the wholesale and retail ceiling prices are:
| Description | Wholesale | Retail |
| PMS | US$4.39 | US$4.57/LD345 |
| AGO | US$4.58 | US$4.76/LD355 |
| Kerosene/Jet A-1 | US$4.57 | US$4.57/LD355 |
The new price structures of petroleum products will be closely monitored by the Ministry of Commerce and Industry Inspectorate Division to avoid any arbitrary price hike on the market.
____________________________
Aaron J. Wheagar
Acting Managing Director
Liberia Petroleum Refining Company
_____________________________
Aletha Browne-Cooper
Acting Minister
Ministry of Commerce and Industry
The Executive Mansion
