At Wednesday’s Government meeting, members decided to repeal the excise tax on diesel fuel because Russia has increased its tax on the fuel by USD 70 per ton.

By repealing the excise tax, the Government hopes the price of diesel fuel will not rise in Mongolia.

Mineral Resources and Energy Minister D.Zorigt stated that diesel will continue to be sold at its current price. But he said the price of AI-92 benzene will increase by MNT 30 per liter. D.Zorigt said the ministry had requested petroleum importers not to increase the price of AI-92 benzene.