Tanzania: EWURA Raises Fuel Price Caps As Middle East Conflict Drives Up Import Costs

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Tanzania’s energy regulator has raised fuel price caps for October, citing higher international refined petroleum product prices following renewed conflict in the Middle East.

The new prices will take effect at 12:01 a.m. on Wednesday, October 7, the Energy and Water Utilities Regulatory Authority (EWURA) said in a public notice.

In Dar es Salaam, the retail price cap for petrol has been set at 4,057 Tanzanian shillings per litre, diesel at 4,086 shillings and kerosene at 4,067 shillings.

In Tanga, petrol will be capped at 4,123 shillings per litre, diesel at 4,152 shillings and kerosene at 4,133 shillings.

The corresponding caps in Mtwara are 4,170 shillings, 4,199 shillings and 4,180 shillings.

EWURA said renewed conflict in the Middle East in September had disrupted global oil production, availability and transportation, driving up refined product prices.

Tanzania purchases a large proportion of its petroleum products from the region, the regulator said.

Higher international prices have pushed the October price caps for petrol, diesel and kerosene above September levels. The notice did not provide the previous month’s prices or percentage increases.

The government continues to monitor the global oil market and take measures to maintain fuel supplies at affordable prices, EWURA said.

The regulator warned that traders who breach the prescribed pricing limits would face legal action. Oil companies may compete on price, provided they remain within the applicable price caps and floor prices.

EWURA also directed filling stations to display prices clearly and issue receipts showing the station’s name, purchase date, fuel type and price per litre.

 


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