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Notification no. 1641 on retail fuel prices at stations for implementation from 19 May 2026
This notification no.1641 aims to display the fuel price list at stations from May 12, 2026, which includes: 1. Discount of 6.5 cents/liter with the aim of facilitating the lives of citizens. 2. An additional discount of 1 cent/liter due to international gasoline prices exceeding $90/barrel and international diesel prices exceeding $100/barrel. 3. Customs duty 0 (zero) dollars 4. Reduce the value-added tax on gasoline and diesel to $0 (zero), reduce the value-added tax on gasoline from 10% to 4% and on diesel from 10% to 0%, with the Royal Government responsible for a total of 6% for gasoline and 10% for diesel.
Additional Information
| Field | Value |
|---|---|
| Last updated | May 19, 2026 |
| Created | May 19, 2026 |
| Format | |
| License | License not specified |
| Name | Notification no. 1641 on retail fuel prices at stations for implementation from 19 May 2026 |
| Description |
This notification no.1641 aims to display the fuel price list at stations from May 12, 2026, which includes: 1. Discount of 6.5 cents/liter with the aim of facilitating the lives of citizens. 2. An additional discount of 1 cent/liter due to international gasoline prices exceeding $90/barrel and international diesel prices exceeding $100/barrel. 3. Customs duty 0 (zero) dollars 4. Reduce the value-added tax on gasoline and diesel to $0 (zero), reduce the value-added tax on gasoline from 10% to 4% and on diesel from 10% to 0%, with the Royal Government responsible for a total of 6% for gasoline and 10% for diesel. |
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