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Sunday, May 28, 2023

Government reintroduces regulation of heating oil prices

By: P.T., STA

Acting on growing energy prices, the government reintroduced administered pricing of heating oil by issuing a regulation on the pricing of petroleum products.

The distributors’ margin was limited to a maximum of six cents per litre of heating oil. Pricing will be based on the prescribed methodology as the average 14-day price of the current period.


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