FUEL PRICES TO BE LINKED TO GLOBAL MAR­KET

Qatar Today - - AFFAIRS > LOCAL -

Start­ing in May, the price of petrol and diesel in Qatar will fluc­tu­ate monthly based on what's go­ing on in the global mar­ket, the Min­istry of En­ergy and In­dus­try has an­nounced. The prices for each month will be an­nounced to­wards the end of the pre­vi­ous month. In May, prices will re­main the same as they are now, of­fi­cials said. In a state­ment, the min­istry said that this move “pri­mar­ily in­tends to raise the ef­fi­ciency of en­ergy use in the coun­try and raise con­sumers' aware­ness re­gard­ing the ne­ces­sity to economise en­ergy con­sump­tion, es­pe­cially after the un­de­sir­able eco­nomic and en­vi­ron­men­tal ef­fects of the dis­crep­an­cies be­tween prices in the lo­cal and global mar­kets have be­come abun­dantly clear.”

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