The Ministry of Trade and Regional Integration (MoTRI) announced on the evening of Friday, September 29, 2023, that it has made the first retail price adjustment of the new Ethiopian year.
The revised price of the different types of fuel/gas is as follows.
Fuel Type
Previous Price,
per liter
Revised Price, per liter
Gasoline
Birr 74.85
Birr 77.65
White diesel
Birr 76.34
Birr 79.75
Kerosene
Birr 76.34
Birr 76.75
Airplane fuel
Birr 68.58
Birr 70.83
Light black diesel
Birr 62.22
Birr 62.36
Heavy black diesel
Birr 61.07
Birr 61.83
Fuel price adjustments were made on August 29 this year. The Ministry cited the global surge in fuel prices as the main reason for the fuel price increment. The revision of retail selling prices for petroleum products is determined monthly based on the global oil market prices and occasionally remains unchanged.
Source: BBC Amharic and 2Merkato Archives