Petroleum prices increase in Tonga

Consumers are paying more for petroleum products after the Tonga Competent Authority approved new prices for October-November 2019.

Wholesale petrol, kerosene and diesel has increased by 8.92 seniti/litre, 6.37 seniti/litre, and 5.56 seniti/litre respectively.

The retail price in Tongatapu for petroleum increased by 8.92 seniti/litre, Kerosene by 6.48 seniti/litre and Diesel by 5.56 seniti/litre

All price changes include consumption tax and the new prices came into effect Wednesday, 16 October 2019.

Change of oil prices on the global market have had an impact on process in Tonga over the October-November period.

The freight rate has increased while the Tongan Pa’anga has been steady and as a result, higher Singapore product prices flowed through increasing pump prices in Tonga this month.