May 28, 2022

Mawazo Writing Africa

Writing about the main

Fuel prices hit new highs in Tanzania

Fuel prices have hit new highs in Tanzania as tensions in Eastern Europe continued to affect the global oil market.

Following the latest price caps for petroleum products for May, released late Tuesday by the Energy and Water Utilities Regulatory Authority (EWURA), Petrol is sold at Tsh 3,148 ($1.36) and diesel at Tsh 3,258 ($1.40) per liter at the pump in Dar es Salaam, versus Tsh 2,861 ($1.23) and Tsh 2,692 ( $1.16) in April.

The new prices, which take effect on Wednesday, May 4th, represent a 9.5% increase for gasoline and 17.1% for diesel, after rising 12% and 21% respectively in April.

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According to EWURA, the retail price of kerosene in Dar es Salaam will be Tsh3,112 ($1.34) per liter compared to 2,682 Tsh ($1.15) in April and 2,209 Tsh ($0.95) in March.

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“The prices of each petroleum product across the country are calculated based on the cost of shipping through the ports delivered product and the cost of transportation to the respective ports,” the agency said.

The most expensive selling point remains Kyerwa district in the Kagera region on the border with Rwanda and Uganda, where gasoline is now 3,385 Tsh (1, $46) and diesel is Tsh3,495 ($1.51). and kerosene 3,350 Tsh ($1.44) per liter.

EWURA stated that “about 93 percent” of recent price changes are due to rising world oil market prices and “about 4 percent are due to premiums”. p>

“Furthermore, prices in the country are comparable to prices prevailing in neighboring countries,” she added.

The new retail prices were announced as wholesale prices for gasoline and diesel supplies, which on Tanzania’s main road ports crossed the Tsh 3,000 mark or $1.3 per liter for the first time in April.

According to EWURA, petrol shipped through the port of Dar es Salaam is 3,015 Tsh ($1,302) per liter while entry via Tanga will cost 3,028 Tsh (1,308$) and for Mtwara 3,044 Tsh (1,315$).

Diesel deliveries cost 3,125 Tsh (1.30$) . 5) per liter for Dar, Tsh3,131 ($1,353) for Tanga and Tsh3,176 ($1,372) for Mtwara.

Kerosene imports came only through the port of Dar es Salaam and are sold at Tsh2,980 ( $1,287) per liter wholesale excluding transportation costs to other parts of the country.