BOST reacts to IES' demand for withdrawal of increased margins on petroleum products
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BOST reacts to IES' demand for withdrawal of increased margins on petroleum products


Summary short_text

The Bulk Oil Storage and Transportation Company Limited has responded to the Institute of Energy Security over the latter's recent call for the withdrawal of increased margins on petroleum products.

Last week, IES asked government to without delay, withdraw the increased levies on some margins in the Price Build-UP of petroleum products.

The Primary Distribution Margin, PDM, the tax in the petroleum price build-up which is utilized in the distribution of petroleum products across depots in the country is targeted at ensuring uniformity in petroleum product prices across the nation.


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