THERE is no intention to discontinue the use of super gasoline by the Government.
The Ministry of Energy and Energy Industries stated in a press release in Monday, “The current decision of the Government is that it has no intention to phase out super gasoline with preference to premium gasoline on the local liquid fuels market. Therefore, super gasoline will continue to be available to the motoring public.”
The statement comes after the publication of an article published on Sunday in the Trinidad and Tobago Guardian with details obtained from an interview with Minister of Energy and Energy Industries Franklin Khan and other related newspaper articles and comments circulating on social media.
The ministry stated that based on proposals from stakeholders in the industry, technocrats from the ministry made a recommendation to the Government to consider the option of phasing out the use of super gasoline.
Khan had stated that the Government has taken a decision to liberalise the fuels market which is expected to be implemented in the coming months.
In this liberalised environment, there will be monthly fluctuations in the pump prices of premium gasoline, super gasoline and diesel in alignment with the market prices of these fuels and also depending on the retail margins set by fuel service station operators across the country, the release stated.