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Nearly six million gallons of fuel oil are being dumped at Thilawa port, and based on the remainder of the Yangon Thilawa oil tank, it is announced that there is self-sufficiency in fuel

Nearly six million gallons of fuel oil are being dumped in Thilawa port, and the remainder of the Yangon Thilawa oil tank, The Motor Fuel Import, Storage and Distribution Business Supervisory Committee has announced that there is self-sufficiency in motor fuel according to the remaining conditions of motor fuel stores and distribution. On October 17th, the MT ARDBEG ship loaded 92 Ron 0.42 million gallons of gasoline and 2.80 million gallons of premium diesel oil at the terminals in Thilawa Port, Yangon Region, on October 17th. MT Glory Star ships 1.22 million gallons of regular diesel and 1.50 million gallons of premium diesel. It is reported that the oil spill is being carried out.

As of October 16, Yangon Thilawa oil reservoir balances; It has been verified that there is self-sufficiency in fuel according to the balance of fuel stores and distribution. As for fuel prices, the global fuel prices have decreased slightly this week, while domestic fuel prices have remained stable. In order to ensure domestic fuel sufficiency, the Motor Fuel Import, Storage and Distribution Supervisory Committee conducts regular checks and imports according to type of motor fuel. On October 10, 92 Ron 0.02 million gallons of gasoline and 2.80 million gallons of premium diesel from the MT YU DONG ship at the Terminals in Thilawa Port, Yangon Region. 

92 Ron zero 14 million gallons of gasoline were also unloaded from MT Bowmore. On October 3, MT YU HAI unloaded 1.87 million gallons of 92 Ron gasoline and 3.18 million gallons of premium diesel at Termianl in Thilawa Port. On October 18, 2675 kyat per liter of diesel in Yangon region. 1955 kyats per liter of octane 92; Octane 95 was 2025 kyats per liter.  As for domestic fuel prices, on October 11, 2022, diesel was 2,800 kyats per liter. Octane 92 is 2025 kyats per liter. Octane 95 was 2,080 kyats per liter. 2,460 kyats per liter of diesel on October 1.

Octane 92 is 2045 kyats per liter. Octane 95 was 2115 kyats per liter. On September 24, 2,645 kyats per liter of diesel. Octane 92 is 2150 kyats per liter. Octane 95 was 2,225 kyats per liter. As the business supervision committee publishes the reference prices of motor oil daily, the MOPS price published daily by Singapore keeps the fixed exchange rate of the Central Bank of Myanmar. Premium underestimate profit percentage calculated and released based on the transportation costs (Transport Charges). As the business supervision committee, in cooperation with the Myanmar Fuel Import, Sales and Distribution Association, the relevant region, According to the state’s townships, fuel needs are distributed based on fuel balance.

Source: The Global New Light of Myanmar

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