Fuel prices in Ayeyarwady Region’s Pathein, Hinthada, Myaungmya, Maubin, Labutta, Pyabon, Myaungaung, Bogale and Kyonpyaw townships rose from 5,500-7,500 MMK ($1.16-1.58 USD) to 10,000-15,000 MMK ($2.10-3.16 USD) per liter, causing difficulties for motorists and businesses.
“We can’t buy as much as we want. Nobody knew the reason for rising fuel prices,” a taxi driver in Pathein Township told DVB on the condition of anonymity, adding that the fuel prices have steadily increased since the beginning of the month.
A petrol station owner in Ayeyarwady claimed that he has received a reduced fuel quota from the regime’s Ministry of Energy this month, causing a fuel shortage.
Prices for one liter of 92-octane and 95-octane gasoline was 5,500-7,500 MMK ($1.16-1.58 USD) in October. This is a difference of 4,500 MMK (nearly $1 USD) compared to last month.
Residents told DVB that daily transportation costs have risen along with fuel prices. Taxi drivers and business owners have been forced to purchase fuel on the black market.
The police in Pathein arrested four petrol station owners for illegally storing fuel in October after receiving a tip from the Petroleum Products Regulatory Department (PPRD).
