Petrol price adjustments announced

Sunday, September 28, 2014

Pretoria – The prices of petrol 95 octane, diesel and illuminating paraffin will decrease with effect from 1 October 2014, the Department of Energy says.

However, the price of petrol 93 octane and Liquefied Petroleum Gas (LPG) will increase.

Petrol 95 octane will decrease by 5 cents per litres, petrol 93 octane will increase by 2 cents per litre, diesel will decrease by 13 cents per litre, illuminating paraffin will decrease by 18 cents per litre and LPG will increase by 12 cents per kilogram.

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

According to the department, the reasons for the fuel price changes are mainly due to the decrease in the price of crude oil which lead to a decrease in the prices of petroleum products (petrol, diesel, Illuminating Paraffin and LPG) in the international markets as well as the depreciation of the Rand against the US Dollar on average when compared to the previous period.

The slate levy remains unchanged at zero, in line with the self-adjusting slate mechanism, said the department.

It added that the pricing schedule for all the pricing zones will be published on Tuesday. –