Rising Fuel Prices: Petrol Stations Threaten to Strike

11 years ago - 7 March 2013, The Défi Media Group
Rising Fuel Prices: Petrol Stations Threaten to Strike
Motorists and especially the authorities are notified. The Petrol Retailers Association has no intention sit after the stations have obtained no increase in their profit margins due to the increase in the selling price of fuels.

Responsible service stations and threatened to go on strike for half a day on March 24 to show their discontent. She calls and a meeting with the Minister of Industry, Trade and Consumer Protection, Cader Sayed Hossen.

Following the meeting of the Petroleum Pricing Committee last Friday, the price of gasoline has risen from Rs 49.30 to Rs 52.25 per liter, an increase of 5.98%, and the selling price of diesel rose by Rs 41.20 to Rs 43.95 per liter, that is to say an increase of 6.67%.

Despite the rising price of fuel sales, the Petrol Retailers Association estimates that profit margins stations remained stagnant. "Trade Minister promised that we would have an increase, but after this latest increase in fuel prices, gas stations have actually received anything. We realize that the State Trading Corporation could replenish its coffers and the margin of the parent has also increased, "says Bernard de Senneville, the spokesman of the Petrol Retailers Association.

He stresses that this association officials service stations demanding an urgent meeting with the Minister of Commerce to discuss several points. Bernard de Senneville also shows that Sunday, March 24, service stations sell fuel to motorists until noon only.