Fuel prices for this month will remain the same except for jet fuel, according to the Ministry of Trade & Industry. The tariff will remain effective for about one month from January 2020. The jet fuel will decrease by 1.08 Br to 27.16 Br a litre. On a monthly basis, the Ministry assesses the fuel prices to make an adjustment if there is a change in the global market. The nation consumes 5.2 billion litres of fuel yearly. The government spends a quarter of a billion dollars importing fuel every month. The Ethiopian Petroleum Supply Enterprise is the only supplier of fuel in the country, distributing petroleum to 26 oil companies that operate about 800 fuel stations. About 120 of these fuel stations are located in the capital. The Enterprise supplies benzene, jet fuel, gasoline, kerosene and light and heavy black naphtha.
November 27 , 2021
Against my will, I have witnessed the most terrible defeat of reason and the most sa...
November 20 , 2021
Leaders of the warring parties in Ethiopia`s year-old militarised conflict may think...
November 13 , 2021
Plans and reality do not always gel. They rarely do in a fast-moving world. Every act...
November 6 , 2021
Prime Minister Abiy Ahmed (PhD) stood to attention last week and saluted the high mil...
November 27 , 2021
Against my will, I have witnessed the most terrible defeat of reason and the most sa...
November 13 , 2021
Plans and reality do not always gel. They rarely do in a fast-moving world. Every act...
October 16 , 2021 . By HAWI DADHI
Residing in a country with no capital market, an organised marketplace for trading se...
August 28 , 2021 . By HAWI DADHI
The streets of Addis Abeba are as varied as they are many, although too many of them have yet to be named. From the narrow alleyways of the...
