Transnet to raise pipeline tariff by 10.95%
The National Energy Regulator of South Africa has granted freight logistics group Transnet a 7.69% increase in its allowable revenue to R5.68-billion for 2019/20, which translates to a 10.95% increase in pipeline tariffs.
Should Energy Minister Jeff Radebe decide to use the pipeline tariff as a proxy for the cost of transporting fuel to Gauteng, the increase will have a 4.5 c/l impact on the petroleum transportation charge for the Durban-to-Alrode destination, the regulator said in a statement on Monday.
The tariff increase is lower than what Transnet applied for. The group has requested an increase of 37.03% in allowable revenue to R7.2-billion for the 2019/20 tariff period. This would have translated to a 41.17% increase in the pipelines tariff, which would have resulted in an increase of about 16.96 c/l in the transportation charge for the Durban-to-Alrode destination.
Comments
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation