Tanzanians will, from today midnight, enjoy a further drop in the prices of fuel barely two months since they were reduced in November last year.
In a press release, the Energy and Water Utilities Regulatory Authority of Tanzania attributed the price reductions to the fall in world oil prices.
“The decrease in prices of petroleum products in January 2024 is mainly due to the fall in the world oil prices (FOB) by an average of 6.03% for PMS and 7.13% for AGO,” The press release by the Energy and Water Utilities Regulatory Authority in Tanzania read in part.
In Dar Es Salaam, petrol will be retailing at Ksh193.52 (Tsh3,084) a litre, with diesel trading at Ksh193.14 (Tsh3,078) and Kerosene at Ksh218.56 (Tsh3,510).
In Tanga, according to the press the new prices, petrol will be priced at Ksh192.26 (Tsh3,064), Ksh200.76 (Tsh3,219) for diesel, and Ksh223.14 (Tsh3,556) for kerosene.
In Mtwara, the fuel will retail at Ksh200.86 (Tsh3,201), Ksh216.86 (Tsh3,456) and Ksh224.77 (Tsh3,582) petrol, diesel and kerosene respectively.
The authority warned service stations tempted to sell fuel contrary to the announced prices that legal action would be taken against them.
According to the press release, the fall in prices had further been necessitated by a decline in the premiums for the importation of petroleum products for the ports of Mtwara and Dar es Salaam.
As Tanzania enjoys the new prices, Kenyans will have to put up with the current fuel prices up to January 14, 2024.
Kenyans will continue paying Ksh212.36 for petrol, Ksh201.47 for diesel, and Ksh199.05 for Kerosene per litre, respectively.
These prices resulted from a price drop of Ksh5 for petrol, Ksh2 for diesel, and Ksh4.01 for kerosene last month after a prolonged outcry by Kenyans over the cost of living.
CEOs, in a survey by the Central Bank Of Kenya (CBK), projected that the prices may rise owing to the depreciating Shilling despite global fuel costs dropping.
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