Government Works With Energy Stakeholders to Address FAR Increase

On Thursday, October 19, 2023, the Honorable Minister Walter Roban held a meeting with key representatives from the Ministry of Home Affairs, the Ministry of Finance, the Regulatory Authority, BELCO, and SOL Petroleum to address the pressing issue of the significant increase in the Fuel Adjustment Rate (FAR). This rate increase has had substantial implications for the general public.

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