PO Box 9400
United Arab Emirates
Emirates General Petroleum Corporation "Emarat" have lowered diesel prices by 20 fils a liter across all their service stations effective from, 18 December 2014.
The new diesel price will be Dh3.30 per liter, down from 3.50 a liter, Emarat said in a statement.
Emarat is revising the price of diesel in line with the international price trends for crude and refined products, said Mr.Hussain Kazim, Senior Manager Corporate Communications at Emarat.
He added: “The recent decline in international prices has provided us an ideal window of opportunity to pass on the price benefits to diesel users. The price decrease will have a positive impact on the overall economy given the vital role that diesel plays in the logistics sector.”
He said the price revision is expected to benefit the manufacturing sector and other supply companies with large fleets that use diesel.
Noted that Emarat, has reduced the price of diesel 20 fils on 22 October 2014.