Belnafnachim boosts fuel costs

The Belarusian State Petrochemical Industry Concern (Belnaftakhim) raised its retail prices of gasoline and diesel fuel by 4.5 to 6.3 percent on October 3, 2012.

According to Belnaftakhim’s press office, Normal-80 gasoline increased in price by 400 rubels to 6,750 rubels per liter, 92 octane gasoline by 300 to 6,950 rubels, 95 octane gasoline by 350 to 7,500 rubels, and diesel fuel by 350 to 7,650 rubels.

The press office linked the price increase to a 19-percent rise in the price of crude oil since this past June and said that it was also part of efforts to gradually bring the country’s prices of goods closer to those in the rest of the Customs Union. In addition, the price increase is aimed at making the operation of the Belarusian oil refineries more efficient, the press office said.

This is the fourth increase in the prices this year.


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