More measures to help consumers gain cheaper access topetrol are anticipated over the coming days.
Lakkotrypis noted prices are monitored and relevant listsupdated on a weekly basis to help consumers make the most financially prudentchoices.
Prices in Cyprus and other EU countries are reflected on theEU’s Oil Bulletin which is updated every Thursday.
A new measure is expected to be announced in the comingdays, sees petrol stations state ordered to immediately update the ministry onany price changes to the fuel they are selling.
The ministry will store this information in a live digitaldatabase which the public will have access to through an application on thesmart phones or tablet computers.
The app will allow users to view prices at the petrolstations in their immediate vicinity and choose where to go, encouraging petrolstation operators to keep their prices down.