12 °c
London
Saturday, September 23, 2023
No Result
View All Result
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
No Result
View All Result
FurtherAfrica
No Result
View All Result
Home Africa

Fuel prices decrease in Tanzania

Staff by Staff
December 2, 2020
in Africa, Fuel, Government, Tanzania
Reading Time: 2 mins read
3.1k 161
0
Share via QRWhatsappShare on FacebookShare on TwitterLinkedInPinteresteMail

Tanzanian motorists will experience a relief in fuel expenditure in December as the prices of the petroleum products slightly decreased starting today.

On Tuesday December 1, 2020, the Energy and Water Utilities Regulatory Authority (Ewura) announced new cap price for petroleum products in the country, indicating that the retail petrol price decreased by Sh37 per litre.

Diesel decreased by Sh47 per liter and kerosene by Sh86 per liter, according to the regulator.

Ewura Director General Godfrey Chibulunje said the pieces of petroleum, diesel and kerosene changed mostly attributed to changes in oil prices in the world market and transportation costs (BPS Premium).

Fuel prices are governed by rules of demand and supply but the Energy and Water Utilities Regulatory Authority (Ewura) publishes cap prices on the monthly basis.

The prices of petrol, diesel and kerosene, applicable in Tanzania Mainland, come out through official announcement every first Wednesday of a new month.

Also read: Tanzania orders crackdown on fuel hoarding by oil marketing firms

“Changes in local prices are mainly attributed to changes in the world oil market prices and the bulk procurement system premiums,” Ewura stated.

According to the new prices announced yesterday, a litre of petrol will now sell at Sh1,865 (US$ 0.85) while that of diesel and kerosene will be sold at Sh1,687 (US$0.72) and Sh1,621 (US$0.70) in Dar es Salaam.

However, oil companies are free to sell petroleum products at competitive prices as long as those prices do not exceed the price cap as calculated by the formula adopted by Ewura.

The wholesale and retail prices for petroleum and diesel in the Northern regions of Tanga, Kilimanjaro, Arusha and Manyara which uses the Tanga port also changed compared to the prices offered November 4, 2020.

Retail prices for petrol and diesel reduced by Sh107 per liter (equivalent to 5.60 percent) and Sh27 per liter (equivalent to 1.59 percent) respectively.

Source: The Citizen

Related

Tags: DieselEnergy and Water Utilities Regulatory AuthorityEWURAfuelfuel pricesFuel prices decrease in TanzaniaGasolinepetrolpetroleumTanzaniaтанзанияتنزانياタンザニア坦桑尼亚
ScanSendShare1286Tweet804Share225Pin289Send
Staff

Staff

Related Posts

The Forbes Billionaires’ list: Africa’s richest people 2022
Development

Opportunity through adversity: 8th annual Africa risk-reward index

by Rafael Carvalho
September 23, 2023
Tech

Elon Musk’s Starlink is off to a bright start in Africa

by The Exchange
September 22, 2023
Africa

Nigeria’s smart city dream gets US$200M boost from Afreximbank

by The Exchange
September 22, 2023
Tech

Kenya seeks partnership with Apple

by Web3Africa
September 22, 2023
Health

FAO concludes an evaluation of Eswatini food control system

by FurtherAfrica
September 22, 2023
Mozambique eVisa
 
MozParks

Translate this page

Read the Latest

The Forbes Billionaires’ list: Africa’s richest people 2022
Development

Opportunity through adversity: 8th annual Africa risk-reward index

by Rafael Carvalho
September 23, 2023
0

Specialist risk consultancy, Control Risks, and its economics consulting partner, Oxford Economics Africa, announced the launch of the eighth edition...

Read more

Elon Musk’s Starlink is off to a bright start in Africa

September 22, 2023

Nigeria’s smart city dream gets US$200M boost from Afreximbank

September 22, 2023

Kenya seeks partnership with Apple

September 22, 2023

FAO concludes an evaluation of Eswatini food control system

September 22, 2023

FurtherAfrica Partners Network

The Exchange Farmers Review Africa 360 Mozambique
TechGist Africa Energy Capital & Power Club of Mozambique
Taarifa Rwanda Web3Africa See Africa Today
Africa Global Funds Novafrica CrudeMix Africa
Harambee Africa Botswana unplugged Financial Insights Zambia
O Económico Digilogic Africa  

Subscribe to FurtherAfrica

Enter your email address to receive new articles on your email.

Join 107.3K other subscribers
FurtherAfrica

© 2021 FurtherMarkets

FurtherAfrica is a FurtherMarkets Limited platform

  • Countries
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

Follow Us

No Result
View All Result
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

© 2021 FurtherMarkets

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?