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Government Regulates Gas Prices


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Khmer Times/Sok Chan

Gas stations around the country will be required to sell their products at a standardized price and any that overcharge will be fined, the government said yesterday.

The announcement came after a meeting of three ministries to discuss falling world oil prices and to set a standard price for oil-related products sold at retail outlets. The move to standardize prices at gas stations has been in the pipeline for some time, after global oil prices tumbled over the past two years.

Yesterday’s meeting involved three ministries – commerce, economy and finance and mines and energy – and officials said the decisions made at the meeting apply to every retail gas station outlet in the country.

read more: http://www.khmertimeskh.com/news/22638/government-regulates-gas-prices/

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