Fiji, Sri Lanka and Bangladesh Face Rising Fuel Costs
Regulators in Fiji and Sri Lanka raised fuel prices while Bangladesh faces an LPG retail crisis amid global supply disruptions and rising crude oil costs.
Fuel and energy costs are rising across several Asian and Pacific nations due to global crude oil market movements and geopolitical tensions. In Sri Lanka, the Ceylon Petroleum Corporation increased fuel prices effective midnight on September 30, 2026. Super Diesel rose by Rs. 50 to Rs. 528 per litre, while Petrol 92 Octane and Auto Diesel increased by Rs. 15 and Rs. 10 respectively.
Similarly, the Fijian Competition and Consumer Commission announced price hikes for all regulated fuel and liquefied petroleum gas (LPG) categories effective October 1, 2026. Diesel will see the sharpest increase of up to 22 cents per litre, with the highest LPG costs occurring in Rotuma. The commission attributed these changes to supply disruptions and rising international prices during August.
In Bangladesh, a retail LPG crisis has emerged as consumers pay Tk 400-600 above the official regulated price of Tk 1,585 for 12kg cylinders. While LPG operators have reportedly reduced supplies to offset shipping and premium costs, the Bangladesh Energy Regulatory Commission maintains that import levels are normal. The commission is expected to announce new monthly prices on October 4, 2026, to bridge the gap between regulated rates and replacement costs.
