mariyam Waheedha

STO reduces price of petrol and diesel .

STO reduces price of petrol and diesel .


Estimated time to read the article : 1 min, 1 secs

STO has reduced price of petrol and diesel. In a press conference held at the head office of STO, the MD of STO Ahmed Shaheer said that starting from today, they will sell a petrol liter for 8.65 Rufiyaa and that is a reduction of 30 laari. “Meanwhile a diesel liter will be sold for 8.44 Rufiyaa and that is a reduction of 51 laari” said Shaheer.

In addition, Shaheer said that they have reduced the price at which they sell fuel to Fenaka and STELCO. These changes in price were made just within few days after the government decided to reduce import duty on petrol and diesel by 5 percent. At present oil prices is Maldives is the cheapest among south Asian countries.