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Decision No. 0747/2006/QD-BTM of April 27, 2006 re: selling prices for fuel

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Decision No. 0747/2006/QD-BTM of April 27, 2006 re: selling prices for fuel
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Decision No. 0747/2006/QD-BTM of April 27, 2006 re: selling prices for fuel
Issuing body: Ministry of TradeEffective date:
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Official number:0747/2006/QD-BTMSigner:Truong Dinh Tuyen
Type:DecisionExpiry date:
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Issuing date:27/04/2006Effect status:
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THE MINISTRY OF TRADE
 -------
SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom - Happiness
----------
No: 0747/2006/QD-BTM
Hanoi, April 27, 2006
 
DECISION
RE: SELLING PRICES FOR FUEL
MINISTER OF TRADE
Pursuant to Decree 29/2004/ND-CP dated January 16, 2004 by the Government detailing functions, tasks, powers and organization of the Ministry of Trade;
Pursuant to Decision 187/2003/QD-TTg dated September 15, 2003 by the Prime Minister detailing Regulations on trading petroleum;
Based on oil prices in the world market recently; pursuant to directive of the Government and upon on agreement with the Ministry of Finance,
HEREBY DECIDES:
Article 1: Fuel importers are allowed to expand price amplitude for each kind of fuel as specified in Decision 58/2005/QD-BTC dated August 17, 2005 by the Ministry of Finance on indicators for petroleum prices in 2005; the new retail prices for petrol (including value added tax) at factual temperature are as the following nationwide:
- Non-lead petrol RON 92:           VND11,000 per litre
- Non-lead petrol RON90:            VND10,800 per litre
- Non-lead petrol RON83:            VND10,600 per litre
- 0.5% S diesel fuel:                   VND7,900 per litre
- Heating oil:                              VND7,900 per litre
- Mazut fuel (F0 No2B): VND5,500 per litre (wholesales price)
- Prices of other kinds of petrol are set by importers based on selling prices of standard fuels in the market and quality difference between those and the aforesaid categories.

- In localities remote from international ports that accommodate oil cargo ship (as specified in Decision 0674/2004/QD-BTM dated May 31, 2004 by the Ministry of Trade), retail prices of fuel can be no more than 2% higher than the aforesaid prices.

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