Petroleum Products
Wholesale [Maximum price in S.I. cents per litre
Retail [Maximum price in S.I. cents per litre
Petroleum Motor Spirits (PMS)
957.79
1,104.63
Distillate (ADO)
1,314.01
1,487.56
Kerosene (KERO)
1,297.58
Kerosene sells direct from the pumps at service stations and maximum retail price is 1,673.87 per litre.
If the government fiscal measures had not been incorporated, the 1st May prices would have been as per the following table.
Petroleum Products
Wholesale [Maximum price in S.I. cents per litre]
Retail [Maximum price in S.I. cents per litre]
Approximate savings per litre following govt interventions
Petroleum Motor Spirits (PMS)
1,170.28
1,245.28
$1.41 / litre
Distillate (ADO)
1,579.94
1,654.94
$1.67 / litre
Kerosene (KERO)
1,525.74
Kerosene sells direct from the pumps at service stations and maximum retail price is 1,830.89 per litre.
$1.57 / litre
The government will continue to monitor the prices and provide updates on our fuel and energy security situation together with measures we can all take to increase discipline in saving energy across government and the country.
Consumers in Honiara are reminded that maximum retail prices in Honiara are legally fixed until they are changed in the next adjustment.
Consumers in provinces are informed the government hopes to put in place a pricing mechanism for maximum prices by zones of constituencies as soon as possible.
[end]
Prime Minister’s Press Secretariat