6 December 2018

Tanzania: Oil Prices Continue to Increase

Dar es Salaam — Oil prices have risen.

This is the second consecutive monthOil prices have risen. for the Energy and Water Utilities Regulatory Authority (Ewura) to announce price rises of oil imported through Dar es Salaam port.

According to Ewura, indicative retail prices for petrol, diesel and kerosene increased by 1.66 per cent, 2.11 per cent and 3.85 per cent respectively, compared with those of last month.

A litre of petrol will now be sold at Sh40 more while that of diesel will be bought at extra Sh50.

The price of a litre of kerosene has risen by Sh88. The new prices came into effect yesterday.

"The change is mainly due to increases in the world oil market prices and bulk procurement system premiums," noted an Ewura report.

Dar es Salaam consumers will now pay Sh2,436, Sh2,436 and Sh2,368 for a litre of petrol, diesel and kerosene respectively, up from last month's Sh2,396, Sh2,385 and Sh2,280 recorded in November.

There were no new consignments of oil imported through Tanga and Mtwara ports last month.

According to the report, diesel is the only available product at Mtwara storage terminals.

Petrol station operators in Mtwara, Lindi and Ruvuma regions have been advised to source oil from Dar es Salaam as Mtwara has no petrol and kerosene storage terminals.

The price of diesel in Mtwara, Lindi, Mtwara and Ruvuma regions remains as it was last month.

Tanzania

Stiegler's Project Means Cheaper Energy, JPM Says

The government has reiterated its plan to reduce power tariffs upon completion of the 2,100MW Stiegler's Gorge power… Read more »

See What Everyone is Watching

Copyright © 2018 The Citizen. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.