Nov 9 , 2019
The Ministry of Trade & Industry will not revise fuel prices except for jet fuel this month. Jet fuel will see a decrease in its price by almost two Birr to 24.87 Br a litre. The Ministry evaluates the prices of fuel every month for the nation, which consumes over 5.2 billion litres of fuel every year. The government pays a quarter of a billion dollars for fuel every month. The Ethiopian Petroleum Supply Enterprise is the only supplier of fuel in the country, distributing petroleum to 26 oil companies that operated around 800 fuel stations. One hundred twenty of these fuel stations are located in Addis Abeba. The Enterprise supplies benzene, jet fuel, gasoline, kerosene and light and heavy black naphtha.
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