BuaNews (Tshwane)

1 May 2012

South Africa: Petrol Price Hike Effective Tonight

Photo: warrenski/Flickr
Traffic in Cape Town.

Pretoria — Motorists are expected to fill up their tanks in numbers on Tuesday as the price of all grades of petrol will rise by 28 cents a litre at midnight.

The increase will put the cost of fuel at a record high.

Diesel will cost an additional 9.4 cents per litre and paraffin up to 12 cents more.

The hike brings the cost of petrol to R12.22 per litre in Gauteng and R11.87 per litre for 95 octane petrol. Diesel will now cost R10.98 per litre in Gauteng and R10.73 per litre at the coast.

The Department of Energy last week said the increase was due to international oil prices as affecting the petrol price and while global diesel prices dropped, a weaker rand affected the increase.

In April, consumers were hit with an increase of 71 cents a litre.

The department has said that the situation is out of the government's hands and urged South Africans to be more fuel efficient. South Africa is not an oil producing country and its fuel needs depend on the import of oil from other countries.

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