Diesel prices down, petrol remains unchanged
The price of a litre of diesel is expected to go down starting today. PHOTO | FILE
What you need to know:
- Tanzania has witnessed a reduction in fuel prices for three consecutive months, thanks to government’s Sh100 billion subsidy programme
Dar es Salaam. Starting today, motorists should have another sigh of relief as diesel and kerosene prices go down.
This is the third month in a row that Tanzanians have experienced a drop in fuel prices, largely due to the government’s subsidy programme.
Starting today (Wednesday, November 2, 2022).
This time around, pump prices of diesel for regions that get their imports through the Dar es Salaam Port will go down by Sh31/litre while importations via Tanga Port will go down by Sh34/litre as subsidies continue to offset the impact of unstable global prices.
“The pump price of petrol in Dar es Salaam would have increased by Sh110/litre. However, the government issued a subsidy to maintain the October 2022 price,” the Energy and Water Utilities Regulatory Authority (Ewura) said in its cap prices that were approved yesterday.
There will be no price change for regions that get their fuel through Mtwara Port.
“Another vessel is expected to offload at the end of this month, hence its products will be consumed next month in December. Therefore, the changes in this month’s prices for Mtwara reflect the actual information of the vessel that was priced last month,” Ewura said yesterday.
The new subsidized prices put a litre of petrol in Dar es Salaam at Sh2,886 while that of diesel will be Sh3,052 starting today.
Without subsidies, a litre of petrol in Dar es Salaam would have fetched Sh2,996, while diesel would have been Sh3,197.
Residents of Tanga would buy a litre of petrol at Sh2,806, while that of diesel would cost Sh3,074. If the subsidies were to be dropped, residents of Tanga would buy a litre of diesel for Sh3,223.
In the statement, signed by Ewura’s director general, Modestus Lumato, the regulator says both retailers and wholesalers were required to sell petroleum products at subsidised prices, warning that it would take legal action against those who did not comply with the directive.
Amid rising global fuel prices, precipitated by the Ukraine War, President Samia Suluhu Hassan’s administration announced in May, this year, that it would provide a subsidy of Sh100 billion to reduce fuel prices in the country.
The subsidy programme has since been maintained, making fuel prices cheaper in Tanzania than they are in all other East African Community (EAC) region.
A litre of kerosene will be Sh164 cheaper in the new prices.
