The Indicative Retail Prices for petrol, diesel and kerosene will all increase significantly on average, throughout PNG.
- Petrol prices will increase by 25.99 toea per liter.
- Diesel prices will increase by 32.06 toea per liter.
- Kerosene prices will increase by 30.91 toea per liter.
The significant increase in domestic fuel prices was mainly attributed to the 17.48 percent average price increase in crude oil prices from December 2021 to January 2022.
