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Central SA

SA to reduce fuel prices on Wednesday

───   07:16 Sat, 29 Jun 2019

SA to reduce fuel prices on Wednesday | News Article

Fuel prices will decrease on Wednesday, the department of energy has announced.


In a statement on Friday the department said the combined cumulative petrol and diesel slate balances at the end of May 2019 amounted to a negative balance of R469 million. 

"In line with the provisions of the Self-Adjusting Slate Levy Mechanism, a Slate Levy of 4.38 c/l (decrease of 8.78 c/l) will have to be implemented into the price structures of petrol and diesel with effect from 3 July 2019," said the statement.

On that date the price of petrol 93 ULP will drop by 96 cents a litre, while 95 ULP will cost 95 cents less a litre. Diesel (0,05% sulphur) will decrease by 74.78 cents per litre and Diesel (0,005% sulphur) will cost 75.78 cents less per litre.

The price of Paraffin will be reduced by 57 cents per litre.


ANA

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