Petrol drops on PM's appeal

NOW IT IS OBVIOUS!

Written by Cheang Sokha and May Kunmakara

Tuesday, 18 November 2008

Cambodia's leading fuel companies lower their prices, heeding Hun Sen's call for a ‘gift to the people' amid further falls in global petroleum costs Photo by: AFP A petrol station in Phnom Penh. Prices at the pump have dropped significantly following government pressure. TWO local petroleum giants dropped their prices Monday after repeated appeals from Prime Minister Hun Sen to reduce the cost of fuel. "I beg two companies, Sokimex and Tela, to try their best to drop the price," Hun Sen said during the launch of a Korean ethanol plant in Kandal province. While oil prices have plummeted on international markets, pump prices have remained stubbornly high in Cambodia, leading to criticism from the government and consumers. "Please drop the price and I guarantee the quality," Hun Sen said.

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