BY DIRAMAKINI
THE Energy and Water Utilities Regulatory Authority (EWURA) hereby publishes Cap
Prices for petroleum products, applicable in Tanzania Mainland.
According to EWURA,these wholesale and retail prices are applicable effective today Wednesday, 6th July 2022 at 12:01am.
The Government has issued another subsidy of TZS 100 billion to reduce the impact of increasing petroleum prices in the local market due to the continued increase of world fuel prices.
The subsidy has been allocated on petrol and diesel products as shown in
Table 1. A relatively high amount of subsidy has been allocated on diesel in order to manage inflation because the product is used in most of economic activities including manufacturing industries and transportation of goods.
The Government intervention by issuing subsidy has reduced the petroleum prices for the month of July 2022 as shown in Table 1.
Table 1: Pump Prices for July 2022 Before and After Subsidy in TZS/Litre
Based on the allocated subsidies for petrol and diesel, the applicable petroleum products cap prices with effect from 6th July 2022 are as shown in Table 2.
Table 2: Applicable retail prices with effect from 6th July 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 *152*00# 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 3. 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 4 except to customers with tax exemption. Legal action will be taken against any wholesaler who fails to comply with these instructions.
TABLE 3: RETAIL PRICES IN TZS/LITRE
