11 November 2002

News Release

BP Drops Petrol Prices 2 cents

BP has dropped the price of petrol by two cents a litre today (11 November) with immediate effect.

Petrol prices at most BP owned service stations have dropped to 103.9 cents per litre for Unleaded 91, 108.9 for Premium Unleaded and 65.9 for diesel.

BP will lower its wholesale price (the price charged to independently-owned BP service stations) by 2 cents a litre from midnight tonight.

Regions already enjoying discount pricing may not see a price change.

BP Managing Director Peter Griffiths said the decrease was a result of a decline in international product prices and a strengthened New Zealand dollar.

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