The Minister of Mineral Resources and Energy, Mr Gwede Mantashe, has announced the adjustment of fuel prices that will come into effect from the 4th of May 2022. The adjustments are based on a number of current local and international factors.
Take note of the following changes;
- Petrol (both 93 ULP and LRP): twelve cents per litre (12.00 c/l) decrease.
- Petrol (both 95 ULP and LRP): twelve cents per litre (12.00 c/l) decrease.
- Diesel (0.05% sulphur): ninety eight cents per litre (98.00 c/l) increase.
- Diesel (0.005% sulphur): ninety two cents per litre (92.00 c/l) increase.
- Illuminating Paraffin (wholesale): seventy nine point six zero cents per litre (79.60 c/l) increase.
- SMNRP for IP: one hundred and forty nine cents per litre (149.00 c/l) increase.
- Maximum LPGas Retail Price: sixty nine cents per kilogram (69.00 c/kg) increase.
The main reasons for the adjustments, according to the Minister, are the crude oil prices, international petroleum product prices, the Rand/US Dollar exchange rate and the implementation of the slate levy.
