Petrol price to increase by 4c, diesel price to decrease by up to 15.22c

31st August 2021

By: Tasneem Bulbulia

Senior Contributing Editor Online

     

Font size: - +

Mineral Resources and Energy Minister Gwede Mantashe has announced the adjustment of fuel prices, with effect from September 1, with petrol prices to increase and diesel prices to decrease.

The price for 93 unleaded petrol (ULP) and lead replacement petrol (LRP) will increase by 4c/ℓ, while the price of 95 ULP and LRP will also increase by 4c/ℓ.

Diesel (0.05% sulphur) will decrease by 15.22c/ℓ and diesel (0.005% sulphur) by 14.22c/ℓ.

Moreover, illuminating paraffin (wholesale) will decrease by 15c/ℓ.

The maximum liquefied petroleum gas retail price will increase by 94c/kg.

South Africa’s fuel prices are adjusted on a monthly basis, informed by international and local factors.

Factors influencing September’s price adjustments include the implementation of the slate levy.  An increase of 8.78c/ℓ will be implemented into the price structures of petrol and diesel in line with the Self-Adjusting Slate Mechanism rules, effective from September 1.

Also, Mantashe approved a 5.7c/ℓ increase in the price structures of petrol to accommodate the wage increases for forecourt employees in line with the Motor Industry Bargaining Council agreement.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

The content you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

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?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION