About MOO
Article I
1. Subject to the provisions of paragraph (2) of the Article, diesel sale price for domestic consumption is modified at the rate of use on land and sea as of January 1, 2016, as follows:
A) 120 fils per litre with effect from January 1, 2016
B) 140 fils per litre with effect from January 1, 2017
C) 160 fils per litre with effect from January 1, 2018
D) 180 fils per litre with effect from January 1, 2019
However, this price will continue to be amended as per further decision.
Diesel is sold to Bahraini fishermen at a subsidised price lower than (30) fils per litre as mentioned in paragraph (1) of the Article, according to the quantity determined by the National Oil and Gas Authority assessment.
Article II
· Taking into account paragraphs (2) and (3) of the article, sale price of kerosene for domestic consumption will be modified, which includes kerosene used as aviation fuel as of January 1, 2016, as follows:
A) 120 fils per litre with effect from January 1, 2016.
B) 140 fils per litre with effect from January 1, 2017.
C) 160 fils per litre with effect from January 1, 2018.
· Continue the current system for the sale price of kerosene for bakeries by 25 fils per litre, according to the quantity determined by NOGA.
· Continue the current system of sale price of kerosene for aviation fuel supply companies at the Bahrain International Airport in commercial rates.
