Category
- Agriculture
- Automobiles and Machinery
- Bank, non banking financing, investment
- Blasting
- Construction
- Consumables
- Education
- Energy
- Engineer , Architecture and Geodesy
- Finance, Audit,Accounting and Brokerage
- Food
- Foreign Trade
- Geology Exploration
- Health
- Information Technology
- Insurance
- Labor Safety
- Legal and Business consulting
- Lighting
- Mining equipment
- Mining Services
- Other product and service
- Road
- Sewing and textile products
- Transportations
- Travel
Events
Fuel price to be gradually lowered by MNT200 per liter www.montsame.mn
Ulaanbaatar/MONTSAME/. At today’s irregular meeting, the Cabinet assigned to work for cutting a retail price of fuel by MNT50 per liter and further gradually lower it by up to MNT200 in consistence with world market price, said Minister of Mining and Heavy Industry D.Sumiyabazar.
“Due to the novel coronavirus pandemic, the oil price has dropped at the international stock markets. Before the New Year, a barrel of oil cost USD64-65. But since January, the price started falling sharply, and as of March 18, global oil price per barrel showed a plunge from USD28 to USD22. Therefore, beginning today, a retail price of fuel is being cut by MNT50-100 per liter in the first instance. The Ministry, the Mineral Resources and Petroleum Authority, and fuel importers are working to reduce the retail price by up to MNT200 per liter by April 15, emphasized the Minister.
Published Date:2020-03-19
