The Minister of Mineral Resources and Energy, Mr Gwede Mantashe, has announced the adjustment of fuel prices that will come into effect from the 6th of July 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): two hundred and thirty seven cents per litre (237.00 c/l) increase.
- Petrol (both 95 ULP and LRP): two hundred and fifty seven cents per litre (257.00 c/l) increase.
- Diesel (0.05% sulphur): two hundred and thirty one cents per litre (231.00 c/l) increase.
- Diesel (0.005% sulphur): two hundred and thirty cents per litre (230.00 c/l) increase.
- Illuminating Paraffin (wholesale): one hundred and sixty six cents per litre (166.00 c/l) increase.
- SMNRP for IP: two hundred and twenty one cents per litre (221.00 c/l) increase.
- Maximum LPGas Retail Price: two hundred and eighteen cents per kilogram (218.00 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.
