Media statement issued by The Department of Energy on adjustment of fuel prices effective from 6 January 2016
The Department of Energy herewith informs the public about the fuel prices for January 2016. South Africa’s fuel prices are adjusted on a monthly basis, informed by international and local factors.
The wholesale price of diesel, 0.05% sulphur and 0.005% sulphur, will decrease by 76c/l and 78c/l respectively and the wholesale price of illuminating paraffin will decrease by 63c/l and the single maximum national retail price (SMNRP) will decrease by 84.0c/l with effect from 06 January 2016. The pump price of petrol 95 Octane will decrease by 3.0c/l, and that of 93 Octane will remain unchanged with effect from 06 January 2016. The maximum retail price of liquid petroleum gas (LPGas) will increase by 45c/kg.
The main reasons for these fuel price adjustments are the weakening of the Rand against the US Dollar despite the drop in the prices of all petroleum products during the period under review. The Minister of Energy, Ms Tina Joemat-Pettersson, has approved the adjustments to some of the pricing elements of the maximum retail price structure of Liquid Petroleum Gas (LPGas). The maximum retail margin of LPGas will increase by 50.0c/kg with effect from 06 January 2016.
Based on current local, international factors as well as the margin adjustments international factors, the fuel prices for January 2016 in the South African market will be adjusted as follows:
- Petrol (93 Octane) will remain unchanged
- Petrol (95 Octane) will decrease by 3.00 cents/litre
- Diesel (0.05% Sulphur) will decrease by 76.00 cents/ litre.
- Diesel (0.005% Sulphur) will decrease by 78.00 cents/ litre
- Illuminating paraffin (SMNRP) will decrease by 63.00 cents/litre.
- Illuminating paraffin (wholesale) will decrease by 84.00 cents/litre.
- Liquefied Petroleum Gas (LPG) will increase by 45.00 cents/kilogram.
The pricing schedule for all the pricing zones will be published on Tuesday, 05 January 2016.
The Minister of Energy, Ms Tina Joematt-Pettersson, wishes all the people of South Africa a happy and prosperous new year. Please do not drink and drive.
Enquiries:
Johannes Mokobane
E-mail: mediadesk@energy.gov.za; johannes.mokobane@energy.gov.za
Tel: 012 406 7481
Cell: 082 766 3674
Lerato Ntsoko
E-mail: lerato.ntsoko@energy.gov.za
Tel: 012 406 7799
Cell: 082 459 2788
For Telephonic Media Interviews, please call :
Mr Robert Maake
Cell: 0827732306
