Fuel sell for 60 pesos per liter in Tawi-Tawi

6/13/2022 5:27:00 AM

Fuel sell for 60 pesos per liter in Tawi-Tawi

Fuel sell for 60 pesos per liter in Tawi-Tawi

BONGAO, Tawi-Tawi (MindaNews / 13 June) – Amid another looming fuel price hike nationwide, motorists here are not panicking with local gasoline and oil prices way cheaper than in other parts of the…

-June 13, 2022 10:01 amBONGAO, Tawi-Tawi (MindaNews / 13 June) – Amid another looming fuel price hike nationwide, motorists here are not panicking with local gasoline and oil prices way cheaper than in other parts of the country.Gasoline, sourced from nearby Sandakan in Malaysia, is sold at P60 per liter in Bongao, Tawi-Tawi, as shown in this photo taken Monday (13 June 2022). A new round of fuel price hike looms this week. MindaNews photo by BONG S. SARMIENTO

Diesel and gasoline are openly sold in bottles at roadside retail stores here for only P60 per liter.Elsewhere in Mindanao, prices are usually more than P80.Tricycle drivers here told MindaNews Monday they have not been affected by the series of price increases imposed by oil companies across the country since local supplies are sourced from nearby Sandakan, Malaysia.

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By - June 13, 2022 10:01 am BONGAO, Tawi-Tawi (MindaNews / 13 June) – Amid another looming fuel price hike nationwide, motorists here are not panicking with local gasoline and oil prices way cheaper than in other parts of the country.In an interview on Dobol B TV, LTFRB Executive Director Tina Cassion said the agency is preparing documents for the distribution of another P6,500 fuel subsidy for each PUV sector beneficiary.In its fuel price forecast for June 14 to 20 trading week, Unioil said the price per liter of diesel may increase by P4.In an interview on Dobol B TV, LTFRB Executive Director Tina Cassion said the agency is preparing documents for the distribution of another P6,500 fuel subsidy for each PUV sector beneficiary.

Gasoline, sourced from nearby Sandakan in Malaysia, is sold at P60 per liter in Bongao, Tawi-Tawi, as shown in this photo taken Monday (13 June 2022). A new round of fuel price hike looms this week. “[By] last week of June or early July [we’ll] implement the second tranche,” she said, noting that beneficiaries of the second tranche are the same as those who received the first tranche. MindaNews photo by BONG S.50 to P1. SARMIENTO Diesel and gasoline are openly sold in bottles at roadside retail stores here for only P60 per liter. Divided into two equal tranches, the government’s P5-B fuel subsidy program aims to extend P6,500 cash grants to each of the 377,000 beneficiaries, including LTFRB-supervised PUV drivers and operators, tricycle drivers and operators under the Department of the Interior and Local Government, and delivery riders under the Department of Trade and Industry. Elsewhere in Mindanao, prices are usually more than P80. According to LTFRB, the fuel subsidy program had served as a stopgap measure in lieu of a sought-for minimum fare hike increase amid soaring oil prices.

Tricycle drivers here told MindaNews Monday they have not been affected by the series of price increases imposed by oil companies across the country since local supplies are sourced from nearby Sandakan, Malaysia. But, Cassion said that the LTFRB decided to review its earlier decision to amid the still skyrocketing prices of fuel.20 and P4. “We’re lucky here we don’t feel the pinch of soaring fuel prices because supplies sold here come from Malaysia,” said tricycle driver Rudy Marquez. He said the last time that local fuel prices spiked was during the election period, when prices hovered above P100 per liter, but went down a few days after the election. In the meantime, the LTFRB is reviewing the UTAK, PASANG MASDA, ALTODAP AND ACTO to increase the minimum fare from P9 to P14 and LTOP’s petition to hike the minimum jeepney fare to P15 is also pending resolution. (Bong S.70 per liter. Sarmiento / MindaNews) . She said that apart from increasing the minimum jeepney fare, the groups also seek to increase the fare per succeeding kilometers of travel by P2. She said that apart from increasing the minimum jeepney fare, the groups also seek to increase the fare per succeeding kilometers of travel by P2.