Petroleum price increases due to higher taxes

Aug 4 • Economy, Energy, News • 618 Views • No Comments on Petroleum price increases due to higher taxes

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Petroleum importer companies yesterday increased its prices. “Shunkhlai” group added MNT 90 to petroleum types AI-80 and AI-92. Price of petroleum now costs MNT 1340 for AI-80 type and 1590 for the AI-92 type. Petroleum importer giant “Petrovis” company also increased its price by MNT 90 yesterday afternoon.

Russian Rosneft has increased its price of petroleum by USD 100-200 per month since June according to D.Enkhtsetseg, Deputy Director of Shunkhlai Group. This month’s supply is also increased by USD 2 per ton reported the Russian petroleum giant “Rosneft”. The Mongolian petroleum importer companies are saying that they were forced to make sales with the minimum price during the Naadam Period. The importer companies are not able to that starting from this explains the importer companies.

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