As of today, fuel customers will see the domestic retail pump increase above September levels; however, the consumer watchdog assures the public that it is below the actual fuel prices.
According to the Independent Consumer and Competitions Commission (ICCC), these fuel price increases on petrol, diesel and kerosene, are well below the actual prices, if there was no fuel subsidy.
The Commission says under the recently passed Goods and Services Tax (Amendment) Act 2026 and the NEC Decision No. 225/2026, the government has exempted Goods and Services Tax (GST) on fuel prices until 31st December 2026, while phasing out the direct subsidy over the next two months.
This change is now reflected in the Indicative Retail Fuel Prices (IRP) today, Thursday 8th October as of 12:00AM.
At the pumps, fuel consumers will see increases of K1.00 per liter from last month’s fuel prices; however, if it was not for the government fuel subsidy, it would be a K2.00 per liter increase.
Below are tables illustrating this.
Under the revised arrangement, the subsidized pump prices for Port Moresby in October is broken down as follows:
Nevertheless, this month’s fuel price increase has seen some public transport providers going on strike. In Port Moresby city today, Public Motor Vehicle (PMV) buses were observed protesting by discontinuing their services.
However, the ICCC says despite the increase in the approved subsidized IRP for October as compared to the previous subsidized prices, the size of these increases is much lower than the size of the government’s ongoing GST exemption and subsidy support if the full unsubsidized prices for October were to be applied.
Customers in the other centers will see similar increases observed for Port Moresby city.
