Gasoline prices increased after last week's announcement of an increase in gasoline import tax.
Minister of Mining and Heavy Industry D. Sumiyabazar stated, “Although it is complicated to maintain the prices that gas companies set, fuel prices will be stable and won’t increase in the near future.”
Despite this assertion, gas companies raised prices by up to 70 MNT per liter. AI92 gasoline was previously sold for 1,550 to 1,630 MNT per liter, and now stands at 1,620 to 1,630 MNT per liter.
Gasoline prices increased after last week's announcement of an increase in gasoline import tax.
Minister of Mining and Heavy Industry D. Sumiyabazar stated, “Although it is complicated to maintain the prices that gas companies set, fuel prices will be stable and won’t increase in the near future.”
Despite this assertion, gas companies raised prices by up to 70 MNT per liter. AI92 gasoline was previously sold for 1,550 to 1,630 MNT per liter, and now stands at 1,620 to 1,630 MNT per liter.