Monday, September 19, 2005

ADNOC says no further increase in retail fuel prices :: WAM

At the time of the recent hike in retail petrol prices it was reported that this was step 1 of a two step hike. ADNOC says, rather emphatically, there will be no further increase in its prices:

Abu Dhabi 18 September, 2005 (WAM)--An official source at Abu Dhabi National Oil Distribution Company, ADNOC, stated today that the company has no intention at all to increase vehicles' petrol prices in the future.The source, in a statement to the Emirates News Agency, WAM, said that ADNOC announces to the public that it shall not increase fuel prices for vehicles in the future in any manner.



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