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Imbert: Government will act against fuel cartels, price-gouging
Finance Minister Colm Imbert addresses Parliament in February 2020. File photo -
FINANCE Minister Colm Imbert has said no cartel activity or price gouging will be allowed in the domestic liquid petroleum products sector as steps are taken to liberalise it.
Imbert made this point as he opened debate on the Finance Bill in the Senate on Tuesday.
He said, What we are doing is creating a transparent mechanism where the ex-refinery price.that is to say.the price of motor fuels sold by a refinery that would be shipping fuel to Trinidad and Tobago, will be known and published.