Mineral Resources and Energy Minister Gwede Mantashe has announced the adjustment of fuel prices based on current local and international factors with effect from January 6.
South Africa’s fuel prices are adjusted on a monthly basis, informed by international and local factors.
Based on current local and international factors, for January, petrol (both 93 ULP and LRP) will increase by 43c/ℓ; petrol (both 95 ULP and LRP) will increase by 40c/ℓ; diesel (0.05% sulphur) will increase by 55c/ℓ; and diesel (0.005% sulphur) will increase by 54c/ℓ.
Moreover, illuminating paraffin (wholesale) will increase by 55c/ℓ; and Single Maximum National Retail Price for illuminating paraffin will increase by 74c/ℓ.
The maximum liquefied petroleum gas retail price will, however, decrease by 44c/kg.
The fuel price schedules for the different zones will be published on January 5.