From Wednesday 2nd February 2011 all South Africans can expect to pay 26 cents a litre more for petrol at pumps nationwide, as was announced by government last year.
The department of energy said in a statement the pump price for 95 grade petrol would rise to 8.99 rand a litre in the main inland commercial region from 8.73 rand.
The wholesale diesel price will also increase by up to 32 cents a litre or 4.1 percent in the same region, which includes Johannesburg and Pretoria.
The reason for the change comes from a strong performance from the Rand in the global currency markets. South Africa is one of those countries that imports most of its oil and thus adjusts its fuel price each month due to any to account for any changes in either the rand exchange rate, the international oil price or government levies.
Diesel 0.05% Sulphur will increase by 30cents per litre and Diesel 0.005% Sulphur will rise by 32 cents per litre.
Petrol – ALL GRADES 26 cents per litre increase in retail price
Diesel 0.05% Sulphur 30cents per litreincreasein wholesale price
Diesel 0.005% Sulphur 32cents per litre increase in wholesale price
Illuminating Paraffin 32 cents per litre increase in wholesale price
IP (SMNRP) 42 cents per litre increase in Single Maximum
National Retail Price
LP Gas (Inland – Zone 9C) – 41 cents increase per kg (new max. = R19.04/kg)
LP Gas (Coastal – Zone 1A) – 41 cents increase per kg (new max. = R17.22/kg