Bei Mpya ya Mafuta August 2022 Tanzania Cap Price For Petroleum

Filed in Jobs by on August 3, 2022 0 Comments

Bei Mpya ya Mafuta August 2022 Tanzania Cap Price For Petroleum

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, 3
rd August 2022.
The prices of oil in the world market continue to rise and thus causing fuel prices in the
local market to increase as well. To reduce the impact of such increase to the local
market, the Government has issued a subsidy of TZS 100 billion for the August 2022 fuel
prices. The Government intervention by issuing the subsidy has reduced the petroleum
products prices for August 2022 as shown in the Table 1.
Table 1: Pump Prices for August 2022 Before and After Subsidy in TZS/Litre
August 2022 prices before
August 2022 prices after

*The kerosene price is not subsidized
In order to implement these prices, wholesalers and retailers of the petroleum products
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
using the approved formula and 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 of the Petroleum products 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 of the Petroleum products are 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.Bei ya mafuta yazidi kupaa Tanzania,

EWURA bei mpya za mafuta Tanzania August 2022

Bei Mpya ya Mafuta August 2022 Tanzania Cap Price For Petroleum

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