No agreement to adjust domestic gasoline prices
The Ministry of Finance has just issued Official Dispatch No. 5616/BTC-QLG signed by Deputy Director of the Price Management Department Nguyen Thanh Huong requesting domestic petroleum trading enterprises not to adjust selling prices.
In the official dispatch responding to the enterprises, it was stated that the Ministry of Finance had received official dispatches from key petroleum trading enterprises registering to adjust domestic petroleum prices. After discussing and reaching an agreement with the Ministry of Industry and Trade, the Price Management Department of the Ministry of Finance gave the following comments:
Illustration: Internet
Currently, world oil prices have been, are and continue to have complicated developments. Therefore, in the immediate future, the Ministry of Finance - Industry and Trade requires businesses to sell oil at current prices, continue to monitor and update the situation of world oil prices; on that basis, the Ministry of Finance - Industry and Trade will have an announcement on appropriate financial management solutions.
Recently, the Ministry of Finance and the Ministry of Industry and Trade both denied rumors of an increase in gasoline prices and affirmed that, for now, there is no plan to adjust gasoline prices.
However, the joint ministries require that petroleum traders must strictly carry out petroleum trading activities in accordance with the provisions of Decree 84/2009/ND-CP dated October 15, 2009 on petroleum trading.
At the same time, it is required that key enterprises rectify the petroleum business activities in their distribution system (including the system of general agents and agents)... sell products on time, meet the demand for both quantity and type, ensure timely and sufficient supply of quantity and type of petroleum to the market, and stabilize the minimum level of petroleum circulation reserves in terms of both quantity and type structure.
According to Petrolimex's calculations, each liter of domestic gasoline is currently 6% higher than the base price, and in the past two days there has been a sudden change in gasoline prices on the world market, climbing to over 133 USD/barrel.
In the recent gasoline price adjustment on March 29, the retail price of gasoline increased by VND2,000/liter to VND21,300/liter for RON 92 unleaded gasoline, diesel increased by VND2,800/liter to VND21,050/liter for 0.25S diesel, and the wholesale price of 3S and 3.5S fuel increased by VND2,000/kg to VND17,100/kg and VND16,800/kg, respectively.
According to Vietnam+
