No 19



Jordan Increases Petroleum Product Prices

The Jordanian government has announced increases in petroleum products prices which became effective on 7 May. The price rises saw gasoline, diesel and fuel oil for industrial users increase by 6-9%, with LPG cylinders rising 20%. The price of fuel oil used for power generation will remain steady at JD70/ton. The price rises are part of an IMF-led economic program which runs through to the end of 2004. US, EU and Japanese...