The price of petrol that was imported through Mtwara port will now be Tsh3, 285 ($1.31) up from Tsh3, 271 ($1.31) a litre in August. Diesel will be sold at Tsh3,332 ($1.33) a litre up from Tsh3,008 ($1.20) and kerosene at Tsh3,016 ($1.21) a litre up from Tsh2,714 ($1.09).
The price of petrol that was imported through Tanga port will now be Tsh3,259 ($1.30) a litre up from Tsh3,245 ($1.30) in August. Diesel will be sold at Tsh3,305 ($1.32) up from Tsh2,981 ($1.19) and kerosene at Tsh2, 989 ($1.20) a litre from Tsh2,740 ($1.10).
The new prices are effective September 6, 2023.
Ewura attributes the local price hike to higher rates in the global fuel market, which they say have surged by 21 percent, with export charges increasing by 62 percent.
“Also, with political decisions made in countries that are leading oil-producing countries (Opec+),” the statement adds.
In May 2022, the government announced a Tsh100 billion ($40 million) subsidy to reduce fuel prices in the country but got removed in January.