Relief as Ewura lowers pump price

DAR ES SALAAM: The Energy and Water Utilities Regulatory Authority (EWURA) has announced a reduction in the cap prices of petroleum products in Tanzania, with effect from Wednesday, June 5, 2024.

The new price shows, a liter of petrol will be traded at 3, 261/- in Dar es Salaam, while diesel and kerosene will be purchased at 3,122/ and 3,261/- respectively.

These prices are slightly lower than the 3,314/- for a liter of petrol, 3,196 per liter for diesel, and 2,840 per liter for kerosene in Dar es Salaam which authority published on Wednesday, May 1, 2024.

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EWURA attributed the new changes to a decrease in the prices of refined petroleum products in the global market.

The average price of petrol dropped by 11.82 percent, diesel 7.77 percent and kerosene 7.94 percent. The authority maintained, however, that the average costs of foreign exchange rates have increased by 1.4 percent.

According to Ewura, a decrease in importation costs (premiums) by an average of 2.06 percent for petrol and 8.51 percent for diesel at the Dar es Salaam Port also affected the price.