Home Finance Cap Price For Petroleum Products Effective November 2022

Cap Price For Petroleum Products Effective November 2022


Cap Price For Petroleum Products Effective November 2022

Cap Price For Petroleum Products Effective November 2022

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Pump prices of diesel for Dar es Salaam and Tanga in November 2022 decreased by TZS 31/litre and TZS 34/litre respectively compared to the prices in October 2022 because of the subsidy. The pump price of petrol in Dar es Salaam would have increased by TZS 110/Litre, however, the Government issued a subsidy to maintain the October 2022 price. For the case of Mtwara, there is no vessel which has been considered in the November 2022 pricing because the vessel is expected to offload at the end of November 2022 hence its products will be consumed in December 2022.

Therefore, the changes in November 2022 prices for Mtwara reflect actual information of
the vessel that was priced in October 2022.

The Energy and Water Utilities Regulatory Authority (EWURA) hereby publishes Cap
Prices for petroleum products, applicable in Tanzania Mainland. These wholesale and
retail prices are applicable effective Wednesday, 2
nd November 2022 at 12:01am.

The price of kerosene and price of petrol in Tanga decreased by TZS 164/litre and TZS
118/litre compared to the previous prices because of relatively low weighted average
FOB prices and premium charge for Tanga port. The Table 1 shows details of the
November 2022 prices before and after subsidies

Table 1: Pump Prices for November 2022 Before and After Subsidy in TZS/Litre

Based on the allocated subsidies for petrol and diesel, Table 2 shows a comparison between subsidized retail prices for September 2022 and subsidized retail prices for October 2022.
Table 2: Applicable retail cap prices with effect from 2 nd November 2022 (TZS/Litre) in comparison with retail cap prices for October 2022

Bei mpya za Mafuta Tanzania

Thus, the applicable petroleum products cap prices with effect from 2 nd November 2022 are as shown in Table 3. Based on these prices, prices for each town, district or regional centre are as given in Table 4. Prices differ from one location to another due to differences in recommended loading port and transportation costs.
Table 3: Applicable retail cap prices for each port with effect from 2 nd November 2022 (TZS/Litre)

During the effectiveness of these prices, wholesalers, retailers and the general public are required to adhere to the following: –
(a) EWURA would like to remind the public that these cap prices can be accessed through mobile phones by dialing 15200# and then following the provided instructions. This service is free of charge and is available in all mobile phone service providers in the country.
(b) In line with the prevailing sector legislation (Petroleum Act, 2015, section 166), prices of petroleum products are governed by rules of demand and supply. EWURA shall continue to encourage competition in the sector by making available petroleum products pricing information including cap prices. This information on prices is intended to enable stakeholders to make informed decisions on petroleum prices at any particular time.

(c) Oil Marketing Companies are free to sell their products at a price that gives them a competitive advantage provided that, such price does not exceed the price cap and is not below the floor price for the relevant product as it is computed pursuant to the EWURA (Petroleum Products Prices Setting) Rules 2022,
which were gazetted through the Government Notice No. 57 published on 28th January 2022.
(d) All petrol stations are required to publish petroleum product prices on clearly visible boards. The price boards should clearly show prices charged, discounts offered as well as any trade incentives or promotions on offer. Consumers are encouraged to purchase from stations that sell products at the most competitive
prices and offer better services. It is an offense not to have prices published on boards located in clearly visible places in front of petrol stations. Failure to adhere to this directive will attract punitive measures from EWURA.
(e) Retailers must issue receipts printed from an Electronic Fiscal Pump Printer (EFPP) for all sales that they make. In addition, consumers are required to demand and keep those receipts that clearly show the name of the petrol station, the date on which such purchase was made as well as, the type of
petroleum product (fuel) and price per litre for every purchase they make. This can be used as an exhibit in case of a complaint lodged in the event that the selling price is above the cap price or in case the products sold do not meet the approved specifications and provide an assurance that appropriate government taxes on sales of petroleum products are fully accounted for recovery from the Retailers.
(f) Retailers are required to sell petroleum products at the price with subsidy as
indicated in Table

4. Legal action will be taken against any retailer who fails to comply with these instructions.
(g) Wholesalers are also required to sell petroleum products at the price with subsidy as indicated in Table 5 except to customers with tax exemption.
Legal action will be taken against any wholesaler who fails to comply with these instructions.

Bei mpya za Mafuta Tanzania


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