ACCORDING to the Supervisory Committee on Fuel Oil Import, Storage, and Distribution, fuel oil and palm oil tankers are continuously arriving as planned, domestic consumption is sufficient, and reserve fuel oil and palm oil have been stored in advance, leading to a drop in selling prices compared to before.
Currently, six oil tankers have arrived at the Thilawa oil terminal, three ships are at the seaport, one is en route, and ten are loading fuel abroad, with the committee making advance arrangements to continuously import fuel with 29 ships in February.
In addition, the committee has imported and stored about a month’s worth of fuel, in addition to the daily consumption, to ensure domestic fuel sufficiency. It is distributing and selling fuel from Thilawa to the rest of the country promptly with sufficient oil tankers. As people in various regions can easily and conveniently purchase the amount they need without any fuel shortages, fuel prices have continuously decreased by K85 to K115 per litre compared to the past.
Similarly, the price of palm oil has been continuously decreasing from the previous reference price of K7,280 per viss to K7,165 this week and will be sold at a reasonable price domestically in line with international price changes, with the committee adjusting the prices weekly. — MNA/TH
