After nearly 2 year banned, Myanmar government allowed diesel import license to private sector to undertake the business in a bid to increase said the local businessperson who closed to the trade council.
Only fishery, gems and timber business sector get that sort of diesel import licenses, like 2 years ago, But we haven’t know how many diesel tons can import together he added by quoting the export and import supervising committee .
“One of the problem to import disel is export earning, officially earning exchanged is going down till 1270 kyats for 1 fec” he said.
He didn’t mentioned about the quantity of diesel tons but he said the price per diesel gallon is quite reasonable that lat time ,it is equivalent 3-3 fec for one gallon of diesel.
Last time they cashed to government 3-53 fec for one gallon of diesel.
Myanmar mainly imports diesel from Malaysia, Thailand and Singapore and figures from the official shoe that Myanmar produces about 80 millions of gallons of diesel annually for domestic demand.
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