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MyPE

MyPE

Community Business Directory, Event Listings, News and Views from Gqeberha, Nelson Mandela Bay

Petrol and Diesel Prices to Increase

31 August 2012 By Alan Straton

The petrol price will rise by 93 cents next week, said the Energy Department on Friday.

A litre of 95 ULP will now cost R11.97 in Gauteng while it will cost R11.62 at the coast as of next Wednesday.

A litre of both Diesel 0.05% Sulphur and Diesel 0.005% Sulphur will increase by 69cents per litre.

Illuminating paraffin wholesale will increase by 73 cents and Illuminating Paraffin (Single Maximum National Retail price) is to increase by 97 cents.

“During the period under review, the average international product prices of Petrol, Diesel and Illuminating Paraffin increased,” said the department.

Additionally on 24 August the Energy Minister approved that the retail margin on all grades of petrol be increased by 3.5 cents a litre with effect from 5 September.

“This increase is necessary in order for service station operators to finance the wage increases for service station pump attendants and cashiers,” the department said.

In August, the petrol price rose by 22 cents. – SAnews.gov.za

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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.
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Filed Under: Business Tagged With: diesel, increase, petrol, price

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