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A digest of news and opinion from the Maldives.

Petroleum

CIF Price of Imported Petrol and Marine Gas Falls

CIF Price of Imported Petrol and Marine Gas Falls

2 min read

The Cost Insurance Freight (CIF) prices of imported petrol and marine gas have decreased to a huge extent during the first 5 months of 2020. The CIF costs consist of the costs of carriage and insurance of the goods. According to the statistics from Maldives Customs Service, MVR 247 million worth of petrol was imported […]