Guyoil hikes prices on kero, gasoil
October 19, 2016 By Editor
The Guyana Oil Company Limited (Guyoil) has adjusted upwards its prices for kerosene and gasoil, a move itoil-prices says is directly related to increased acquisition costs charged by suppliers and is consistent with the current trend of upward movement of fuel prices on the world market.
The State-owned oil company made the announcement on Tuesday which points to increases to be paid for kerosene and gas oil by $5 per litre each.
Guyoil, in making its announcement, said it has been absorbing the fluctuations of oil prices on the world market, but recent movements “have made these adjustments necessary”.
The announcement was made by Guyoil Marketing Manager Eric Whaul, who said, “Conversely, Guyoil is happy to announce a reduction in the price for gasoline by $2 per litre.”
The move is anticipated to not only have a positive impact on individuals who use their vehicles to go to work and conduct business, but also on the transportation sector. According to Whaul, “it ably demonstrates Guyoil’s commitment to act in the interest of all Guyanese and the nation as a whole.” Whaul said too that as a Guyanese company which is owned and managed by Guyanese and is a major contributor to the national coffers, “Guyoil continues to contribute in a positive way to the overall development of Guyana and remains steadfast in its commitment as stated in its motto –”Excellence in Service”.
The company is wholly owned by the Government of Guyana through the National Industrial and Commercial Investment Limited (NICIL), and governed by a Board of Directors.
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Former Member
As Nehru Bhai would say:
"Guyana gone for Channa"
"Dem AFC/PNC Sh*** heads cannot even build a toilet. How can they develop a country ?
Wait, they have Yumana Yana, A Big Afrofest and now looting the contingency funds.
Former Member
Guyana was back in Burnham days since May 11, 2015. Them coolies who help put this crass in power against warning should rub black pot on their faces to hide their identity from the public.
Former Member
Originally Posted by JB:
MR REV, Mr Cobra, Mr Nehru, Mr Singh, Mr Jalil, Mr DG look Mr Tk say Guyana is next Haiti. Tell me is no true
T_Khemraj: Well when they messed up foreign policy and relations with the West this is what remains. The massive markets of the resource sharks - who are encouraged to invest in Guyana - are very far away and transport cost will be too high to get the bigan, baaji, okra, psydium, sapadillia, etc there. Self sufficiency in a low income population of 750K reads like subsistence living to me. Expect low productivity and the persistence of backwardness. Guyana is well on its way to become the next Haiti of the Western Hemisphere. Expect a massive petty farming and trading economy with low productivity with pockets of great wealth lost away in gated communities. At least Haiti has the blue water and white sand beaches plus the United States is on its side these days...Clinton Foundation, Harvard doctors and all. The Guyanese kleptocrats will prefer the beach front of FL where there is law and order and cost of living is lower than Guyana right now.
Former Member
TK and Gerhard were the architects of morphing the AFC with the PNC.
The mess in Guyana today is as a result of TK and Gerhard. They both should be ashamed of themselves.
Grosshopper is a useless piece of trash today.
Former Member
yuji22 posted:TK and Gerhard were the architects of morphing the AFC with the PNC.
The mess in Guyana today is as a result of TK and Gerhard. They both should be ashamed of themselves.
Grosshopper is a useless piece of trash today.
What about the AFC hijacker, Moses?
yuji22 posted:TK and Gerhard were the architects of morphing the AFC with the PNC.
The mess in Guyana today is as a result of TK and Gerhard. They both should be ashamed of themselves.
Grosshopper is a useless piece of trash today.
The main thing was accomplished, shall I remind you of that accomplishment? The PPP LOST , so go on and cry more blues.
The PPP failed the people, they are the ones who should be ashamed.
Former Member
Spice Girl posted:yuji22 posted:TK and Gerhard were the architects of morphing the AFC with the PNC.
The mess in Guyana today is as a result of TK and Gerhard. They both should be ashamed of themselves.
Grosshopper is a useless piece of trash today.
What about the AFC hijacker, Moses?
Moses is a conman. He is smartly cashing in and raiding the consolidated funds.
Moses is like one of those High Seas Hijacker.
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