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Diesel trading at 0.25 per centS to stop in 2016

Update: March, 28/2015 - 09:51
Accordingly, the ministries of industry and trade and finance ordered fuel traders to keep diesel selling prices stable at VND15,883 per litre. — File Photo

HA NOI (VNS)— Viet Nam will stop diesel trading at 0.25 per centS (DO 0.25 per centS) in the domestic market from January 1, 2016, following a proposal from the Ministry of Science and Technology.

The decision aims to protect the rights of domestic consumers, protect the environment, prevent trading fraud and improve the management of fuel products.

Currently, there are two types of diesel being sold in the domestic market: DO 0.05 per centS (with sulphur (S) content not exceeding 500 milligram per kilogram mg/kg) and DO 0.25S (with sulphur content not exceeding 2.500mg/kg).

The high content of sulphur in DO 0.25 per centS damages lubrication, reduces the life of the engine and causes environmental pollution. — VNS


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