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Page added on January 1, 2008

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Myanmar Quashes Fuel Ration Cut Rumors

YANGON, Myanmar (AP)


A report in the state-owned New Light of Myanmar on Tuesday said that rationing of gasoline, diesel and compressed natural gas will remain the same.


As fuel prices increase worldwide, rumors have been rampant in Yangon that instead of increasing fuel prices, the government might reduce the ration for private-car owners to one gallon from two gallons a day.


Myanmar, also known as Burma, suffers from a constant gasoline shortage due to limited domestic oil production and meager foreign exchange reserves.


AP



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