Zambian Energy Regulatory Board (ERB) has announced a reduction in fuel prices for July effective today, July 1, 2025, citing favourable factors including appreciation of the local currency Kwacha and decline in cost of imported fuel.
According to ERB, in the month of June 2025, the Kwacha appreciated against the United States Dollar by 11.20%, from K27.06/US$ to K24.03/US$ while the Tanzanian Bulk Procurement System (BPS) premium for Petrol declined by 20.33% from US$157.50/MT to US$125.48/MT, with the price for Kerosene/Jet A-1 also declining by 5.64% from US$179.00/MT to US$168.90/MT.
The ERB further said TAZAMA Open Access, which commenced in April 2025, has yielded positive results, recording downward movements in the premiums for Diesel. The TAZAMA Open Access premiums for Diesel declined by 0.42% from US$43.19/MT to US$43.01/MT.
Based on the foregoing, the Energy Regulation Board (ERB) has revised the pump prices.
A litre of petrol now retails at K28.00, K23.13/litre for Diesel, K21.98/litre for Kerosene, and K23.94/litre for Jet A-1, respectively.
Source: https://energynewsafrica.com
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