The Minister of Mineral Resources and Energy, Mr Gwede Mantashe, has announced the adjustment of fuel prices that will come into effect from the 2nd of February 2022. The adjustments are based on a number of current local and international factors.
Take note of the following changes;
- Petrol (both 93 and 95 ULP & LRP): Fifty Three cents per litre (53.00 c/l) increase.
- Diesel (0.05% sulphur): seventy nine point eight four cents per litre (79.84 c/l) increase
- Diesel (0.005% sulphur): seventy eight point eight four cents per litre (78.84 c/l) increase.
- Illuminating Paraffin (wholesale): one hundred and one cents per litre (101.00 c/l) increase.
- SMNRP for IP: one hundred and thirty five cents per litre (135.00 c/l) increase.
- Maximum LPGas Retail Price: one hundred and twenty four cents per kilogram (124.00 c/kg) decrease.
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.
