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Monday, July 15, 2024

Lao Fuel Prices Rise Again in 2017

This Week

Lao fuel prices increased for the first time this year on January 20, in line with increases on the world market.

The Ministry of Industry and Commerce announced the price increase this week, on the heels of two price increases last month.

Below are increased prices for fuel in each province around the country:

 

ProvinceRegular / LitrePremium / LitreDiesel / Litre
Vientiane Capital7,820 kip8,820 kip6,860 kip
Vientiane Province7,820 kip8,820 kip6,860 kip
Khammouane7,850 kip8,850 kip6,890 kip
Savannakhet7,850 kip8,850 kip6,890 kip
Champasack7,880 kip8,880 kip6,920 kip
Bokeo7,920 kip8,920 kip6,960 kip
Borikhamxay7,940 kip8,820 kip6,980 kip
Xieng Khouang8,010 kip9,280 kip7,050 kip
Salavanh8,030 kip8,850 kip7,070 kip
Attapeu8,060 kip8,880 kip7,100 kip
Xaysomboune8,060 kip8,880 kip7,100 kip
Xekong8,060 kip8,880 kip7,100 kip
Xayaboury8,220 kip9,280 kip7,260 kip
Houaphan8,220 kip9,280 kip7,260 kip
Oudomxay8,270 kip8,820 kip7,310 kip
Luang Prabang8,280 kip9,280 kip7,320 kip
Phongsaly8,550 kip8,820 kip7,590 kip
Luang Namtha8,810 kip8,280 kip7,220 kip

 

Lao Fuel Imported From Shell Oil

Meanwhile, Petrovietnam (PV) Oil Lao Co., Ltd, a member of Petrovietnam Oil Corporation, continues to import fuel from the Shell Oil Company of Thailand, for supply to the Lao market.

The two companies signed a contract extension agreement in Vientiane Capital last week.

The signing ceremony was to help promote the supply of EURO4 fuel, which meets local and international standards, for service to the public, signifying a strong relationship between both companies for the supply of quality Lao fuel.

Petrovietnam Oil Corporation (PV OIL) completed the purchase of all shares of Societe Shell du Lao, taking full ownership in December 2010.

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