Myanmar cuts petrol prices by up to K200 per litre

Myanmar's Energy Ministry just chopped up to 200 kyats per liter off their locally made gas after crude prices dropped. They switched up how they sell Ron 68 petrol by giving it straight to regular people instead of auctioning it off to private companies like they used to do.

The ministry keeps cranking out Ron 72 and Ron 77 grades whenever they have enough crude oil and natural gas sitting around to make it happen. They want to eventually pump out even better quality fuel without relying on anyone else for the supply chain.
 

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