Liberia’s Petroleum Importers Association and the Liberian government have reached an agreement for an increment in the price of petroleum products to be commensurate with the global cost.
The Ministry of Commerce released a circular that indicated that the new pump price for gasoline would be US$5.90 or L$895 per gallon while diesel fuel will now be sold for US$6.90 or L$1,050 per gallon.
The Ministry of Commerce had earlier this week announced that it had no intention of increasing the price of petrol and that there was more than sufficient petrol in the country.