A Review of the Nigerian Energy Industry

Tanzania raises petrol price

fuel-subsidy-removal09 August 2014, Dar es Salaam – Petrol prices have risen by as much as 39/- per litre in Tanzania driven up by higher international oil prices and a weakening shilling. Indicative prices for August published by the Energy and Water Utilities Regulatory Authority (EWURA).

The rise is equivalent to 1.74 per cent compared to an increment of 17/- or 0.75 per cent of the previous month. However, motorists with gas oil engines have a reason to smile following a continued easing of prices by 18/- per litre or 0.85 per cent in the month under review compared to 1/- per litre which is equivalent to 0.07 per cent slashed in July.

For kerosene users who in July saw the prices of the commodity registering a slight price hike by 14/- per litre or 0.68 per cent will in August get relief 4/- per litre, which is equivalent to 0.18 per cent.

Similarly, the wholesale prices for Diesel and Kerosene have decreased by 18.13/- per litre, which is equivalent to 0.90 per cent and 3.74 per litre or 0.19 per cent respectively while for Petrol, the wholesale price has increased by 38.69/-, equivalent to 1.82 per cent.

The changes according to EWURA have been caused by changes in prices of petroleum products in the world market and little appreciation of Tanzanian shilling against the United States dollar.

In Dar es Salaam for example, motorists using gasoline will have to pay 2,266/- per litre for the whole month of August up from 2,227/- paid in July. For gas oil engines, motorists will have to pay a retail price of 2,106/- compared to 2,123/-.

The cost of transport for the people in the remote regions will continue paying heavily for petrol with the retail price at Ruberwa town (Kyerwa district) in Kagera Region rising to 2,503/- in August compared to 2,464/- of the previous month.

The retail price for gas oil eased to 2,343/- from 2,360/-. At Lugufu in Uvinza District, Kigoma Region, the retail prices for petrol has increased to 2,509/- compared to 2,470/- in July while retail diesel prices has eased to 2,349/- from 2,366/- of the previous month.

In this article

Join the Conversation

Join the Conversation