AGL 38.18 Decreased By ▼ -0.22 (-0.57%)
AIRLINK 142.98 Increased By ▲ 7.98 (5.91%)
BOP 5.07 Decreased By ▼ -0.02 (-0.39%)
CNERGY 3.77 Decreased By ▼ -0.02 (-0.53%)
DCL 7.56 Decreased By ▼ -0.03 (-0.4%)
DFML 44.48 Increased By ▲ 0.03 (0.07%)
DGKC 76.25 Decreased By ▼ -1.15 (-1.49%)
FCCL 26.95 Increased By ▲ 0.07 (0.26%)
FFBL 52.00 Decreased By ▼ -0.97 (-1.83%)
FFL 8.52 Decreased By ▼ -0.02 (-0.23%)
HUBC 125.51 Increased By ▲ 1.71 (1.38%)
HUMNL 9.99 Increased By ▲ 0.05 (0.5%)
KEL 3.74 Increased By ▲ 0.01 (0.27%)
KOSM 8.15 Increased By ▲ 0.07 (0.87%)
MLCF 34.75 Increased By ▲ 1.05 (3.12%)
NBP 58.71 Increased By ▲ 0.22 (0.38%)
OGDC 154.50 Increased By ▲ 4.55 (3.03%)
PAEL 25.15 Increased By ▲ 0.45 (1.82%)
PIBTL 5.93 Increased By ▲ 0.08 (1.37%)
PPL 118.31 Increased By ▲ 6.66 (5.97%)
PRL 24.38 Increased By ▲ 0.48 (2.01%)
PTC 12.00 Decreased By ▼ -0.10 (-0.83%)
SEARL 56.00 Decreased By ▼ -0.89 (-1.56%)
TELE 7.05 Increased By ▲ 0.05 (0.71%)
TOMCL 34.99 Decreased By ▼ -0.16 (-0.46%)
TPLP 6.98 Decreased By ▼ -0.07 (-0.99%)
TREET 13.98 Decreased By ▼ -0.18 (-1.27%)
TRG 46.10 Decreased By ▼ -0.13 (-0.28%)
UNITY 26.00 Decreased By ▼ -0.08 (-0.31%)
WTL 1.21 No Change ▼ 0.00 (0%)
BR100 8,822 Increased By 86.7 (0.99%)
BR30 26,723 Increased By 466.7 (1.78%)
KSE100 83,532 Increased By 810.2 (0.98%)
KSE30 26,710 Increased By 328 (1.24%)

Fuel rationing has returned to Yangon after a brief respite during the weeks leading up to the November 7 election, media reports said Sunday. Long queues for petrol at privately owned stations have become a normal sight again in the former capital since the second week of November, when the military government slashed supplies of subsidised fuel by 30 per cent, the Myanmar Times reported.
Subsidised fuel was available in much greater supply at all petrol stations nation-wide in the weeks leading up to the election. The pro-junta Union Solidarity Development Party won 77 per cent of the contested seats, amid accusations of tampering with advance votes, vote-buying and coercion.
Fuel stations have resumed rationing sales to motorists to 2-3 gallons (9 to 13.5 litres) per day.
Saw Aung, general manager of New Day petrol stations, predicted the reduced supplies of subsidised petrol would be permanent. A spokeswoman for one company in Yangon said the government sold gasoline to fuel stations for 2,300 kyat (2.30 dollars) a gallon, which they sold at retail for 2,500 kyat.
Although the government recently privatised petrol stations, it continues to monopolise the import and wholesale distribution of all petroleum products.
Taxi driver Tun Tun Oo said he usually buys petrol from filling stations because it is 1,000 kyat cheaper than petrol bought on the black market.
"Some fuel stations don't want to sell gasoline to taxi and pickup truck drivers because they think they will sell it to the black market," he told the Myanmar Times.

Copyright Deutsche Presse-Agentur, 2010

Comments

Comments are closed.