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Tag: Emirates National Oil Company (Enoc)
Sharjah Transport Company has received information that fuel prices are set to rise by 33 per cent following three weeks of shortage in Sharjah and Northern Emirates, a UAE daily reported today. A report in ‘Emarat Al Youm’ quotes sources at Sharjah Transport Company as saying any petrol price hike could hit its business, adding that the company has received information that prices could be raised to Dh10 from Dh7.5 per gallon – or 33.33 per cent.
The flow of petrol has been stemmed yet again as some fuel stations in Sharjah and Dubai turn away customers from locked pumps without explanation. On the heels of more than a year of periodic fuel shortages at stations, one frustrated driver told an Arabic newspaper he had been searching for two days for an open petrol station in the Al Khan and Tawuun areas of Sharjah to no avail.