Sunday, June 3, 2012

Jordan gets premium on its petrol with 25% price hike

Industrial companies in Jordan have warned they risk being pushed to the wall by a rise in prices of fuel and electricity as the government seeks to stave off a fiscal crisis.

The government yesterday raised the price of premium petrol by about 25 percent, as well as prices of diesel, kerosene and fuel oil, the state-run Petra news agency reported.

Electricity tariffs for major mining firms, telecommunications companies, hotels and banks have also been raised
Copyrights © 2012 Abu Dhabi Media Company, All rights reserved.

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Source: http://www.albawaba.com/business/jordan-gets-premium-its-petrol-25-price-hike-427353

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