LPG prices to increase - Barbados Today barbadostoday.bb - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from barbadostoday.bb Daily Mail and Mail on Sunday newspapers.
Petrol and diesel prices will remain unchanged for the next two weeks
PHOTO: AFP/FILE
ISLAMABAD:
The Pakistan Tehreek-e-Insaf (PTI) government on Monday hiked tariffs of kerosene oil and light diesel oil (LDO) effective from today.
The government increased the price of kerosene oil by Rs3.42 per litre from the existing Rs80.19 to Rs83.61.
It also increased the price of LDO by Rs2.19 per litre from the existing Rs 79.23 to Rs 81.42.
The prices will be effective for the next two weeks under the fortnightly price review mechanism.
However, the government did not make any change in the prices of petrol and high-speed diesel (HSD).
Business Interview
The Group Managing Director of Rainoil Limited, Gabriel Ogbeche, in this interview with Peter Uzoho, talks about industry issues and Rainoil’s operations. Excerpts:
Two decades after, Rainoil is still thriving. How did it all start?
It’s been a very exciting journey. I left university in 1987. I worked briefly for a company called PricewaterhouseCoopers. Then joined another company called Ascon oil Company Limited and worked there for about five years, learned the business, and then by 1997, I left Ascon Oil and started Rainoil. Rainoil, which we have run for about 24 years now, is a company that we started from scratch, from ground zero. Over the past 24 years, we have grown to become one of the very significant downstream oil and gas companies in the country.
Epe, Lagos, March 12, 2021 Chief Timipre Sylva, Minister of State for Petroleum Resources, says the Federal Government is committed to making Liquefied Petroleum Gas (LPG) cylinders available to Nigerians at affordable prices.
Naija247news reports that Sylva spoke on Friday at the groundbreaking of Rungas Group Type 3 Composite Cylinder Manufacturing Plant located at Alaro City, Epe, Lagos State.
The minister said the project, which was being executed in partnership with the Nigerian Content Development Monitoring Board (NCDMB), would enhance penetration of LPG, also known as cooking gas, in the country.
He said: “In addition to making gas cylinders available to all Nigerians at affordable prices, our gathering here today is necessitated by the hazards posed by substandard, old, expired and illegal marketing of cylinders to innocent users in Nigeria.
TOR To Become Premium Refinery – Napo Assures peacefmonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from peacefmonline.com Daily Mail and Mail on Sunday newspapers.