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Petrol price April 2019 - More fuel price pain for local motorists from Wednesday

Apr 1, 2019
Petrol price April 2019 - More fuel price pain for local motorists from Wednesday

April 2019 fuel hikes come at a time when motorists are facing the introduction of new fuel taxes 

Port Elizabeth – Motorists will feel more fuel price pain from Wednesday after Energy Minister, Jeff Radebe, announced the hiking of fuel prices for April 2019.

The fuel price hike comes at a time when motorists are facing the introduction of new fuel taxes while global oil prices are rising. A weaker rand has also made the situation worse.

The Department of Energy said that April is an important month in the fuel price calendar to revise road and pipelines tariffs as well as fuel and Road Accident Fund (RAF) levies, which are added to the price of petrol, diesel and Illuminating paraffin.

Consequently, their total contribution to the fuel price increase is about 26.00c/l in Gauteng whilst the international factors amounted to about 106.00c/l on petrol and 56.00c/l on diesel and IP.

During this period, the Rand depreciated from R13.80 to R14.36 against the US dollar.

Here is what motorists will pay for fuel in South Africa in April 2019

Consequently, the Department of Energy said that this increased the contribution on the Basic Fuel Price of petrol, diesel and illuminating paraffin by between 28.00c/l and 30.00c/l.

The average Brent Crude oil price increased from $64.04 to $66.01 per barrel during the period under review.

This led to higher prices of all the petroleum products which increased the contribution on the Basic Fuel Price of petrol, diesel and illuminating paraffin by about 78.00c/l, 26.66c/l and 25.76c/l respectively.

Fuel and Road Accident Fund Levies increased by 15 cents a litre and 5 cents, respectively.

The increases in primary transport cost are attributed to an average annual increase of 10.96% inroad transport tariffs and an annual increase of 10.95% in pipeline transport costs announced by the National Energy Regulator of South Africa (Nersa) on 16 March 2019.

The fuel prices for April 2019 will be adjusted as follows in Gauteng:

  • Petrol (93 Octane): R1.34 increase;
  • Petrol (95 Octane): R1.31 increase;
  • Diesel (0.05% sulphur): 81.70 cents;
  • Illuminating Paraffin (wholesale): 63 cents.

The price of 95 unleaded goes up by R1.26 per litre at the coast, while the price of 93 unleaded goes up by R1.29 per litre. Diesel 0.05% increases by 76 cents per litre at the coast.

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