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55 Cents Decrease in Petrol Price

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The petrol price is to come down by 55 cents a litre, the Energy Department said on Friday.

The price of 0.05% sulphur diesel and that of 0.005% sulphur diesel will decrease by 24.82 cents. The wholesale price of illuminating paraffin is set to go down by 21 cents and a litre of illuminating paraffin is set to decrease by 28 cents.

There will also be a 99 cents per kilogram decrease in the maximum retail price for LPGAS.

The prices will come into effect next Wednesday.

A litre of petrol will now cost R11.67 while in the coast it will cost R11.32.

At a breakfast briefing on Thursday, Minister of Energy Dipuo Peters said the price of petrol would “definitely be going down” to loud applause.

Economists had predicted a decrease in the petrol price because of lowered international crude oil prices. – BuaNews

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Alan Straton

Chief Cook, Bottle Washer and Broom Mechanic at MyPE
Passionate about Port Elizabeth and definitely NOT packing for Perth. Alan's ethos is epitomised in the words of Nelson Mandela; "I have fought against white domination and I have fought against black domination. I have cherished the idea of a democratic and free society. If need be, it is an ideal for which I am prepared to die." See more articles by Alan.