EWURA BEI MPYA YA MAFUTA | NEW FUEL PRICE FEBRUARY 7 2024 PDF.
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| EWURA BEI MPYA YA MAFUTA NEW FUEL PRICE FEBRUARY 7 2024 PDF |
PUBLIC NOTICE ON CAP PRICES FOR PETROLEUM PRODUCTS EFFECTIVE WEDNESDAY, 7TH FEBRUARY 2024
Good news ,The Energy and Water Services Regulatory Authority (EWURA), had today announced a decreased new price limit for petroleum products in Tanzania that will be used from Wednesday, February 7, 2024 at 12:01 am. For the month of February 2024, retail and wholesale prices in Dar es Salaam, Tanga and Mtwara Regions are as shown in Table No. 1 and 2, for the other regions in Tanzania , please see below :-
The decrease in oil prices for the month of February 2024 is due to the drop in oil prices (FOB) in the world market with an average (weighted average) of 10.66 percent for gasoline, 11.20 percent for diesel and 5.82 percent for kerosene. Also, the decrease in oil prices is due to the decrease in the cost of importing oil to the Port of Dar es Salaam by an average (weighted average) of 9.69 percent for diesel and 1.82 percent for kerosene. Thus, the cost of importing petrol and diesel to the Ports of Tanga and Mtwara has decreased by an average (weighted average) of 0.69 and 11.93 percent, respectively. Retail fuel prices for each city, district and region are as shown in Table No.3.
Retailers of fuel products are required to sell fuel at the prices shown in Table No. 3. In addition, traders of oil products in general are required to sell oil at the prices shown in Table no. 2. Strict legal measures will be taken against any trader who violates this ORDER.
EWURA would like to remind wholesale and retail traders of fuel products as well as the community to consider the following: -
a) the limited prices of petroleum products for the respective area are available through mobile phones by dialing the number *152*00# and then following the instructions. This service is free and available through all mobile phone networks in the country.
b) According to the Oil Law of 2015, article number 166, the prices of petroleum products will continue to be determined by the market. EWURA will continue to encourage competition by providing limited price information for fuel products.
c) Oil companies are free to sell petroleum products at competitive prices unless the prices do not exceed the price cap or be below the floor price as calculated in accordance with the EWURA Rules for Setting Oil Prices of the Year 2022 announced on the 28th January 2022 through Government Gazette no. 57 and amendments to the said Regulations through Government Gazette no. 761A dated 30 October 2023.
d) All fuel stations are required to publish the prices of fuel products in clearly visible posters showing fuel prices, discounts, commercial incentives offered by the respective station. Where it is possible to choose, customers are advised to buy fuel products at stations that sell fuel at the cheapest price to enhance competition. It is a mistake to sell fuel without putting up price posters that are clearly visible to customers. Severe punishment will be given to the relevant center for not implementing the legal requirements in accordance with the relevant regulations.
e) Sellers of petroleum products are required to issue sales receipts from the Electronic Fiscal Pump Printers (EFPP) and buyers must ensure that they get those payment receipts showing the name of the station, date, type of fuel purchased and the price per liter. The receipts will be used as a control for oil buyers in case there are complaints of oil being sold at a price higher than the limit price or oil being sold that does not have the required quality level. The receipts will also help simplify the collection of government taxes resulting from the sale of petroleum products.
EWURA BEI MPYA YA MAFUTA | NEW FUEL PRICE FEBRUARY 7 2024 PDF , Please Download the PDF File Below : -
Check out Also: Names Called For Work by PSRS / Utumishi - February 2024
For comparison and record purposes for the month of January, See the previous Fuel price here :EWURA BEI MPYA YA MAFUTA | NEW FUEL PRICE JANUARY 3 2024 PDF
