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Fuel prices remain unchanged in July

The price of diesel and petrol will remain unchanged in Namibia during July, the Ministry of Mines and Energy has announced.

At Walvis Bay, the price of petrol will stay at N$19,78 per litre, while diesel 50 ppm will remain at N$19,05 per litre and the price of diesel 10 ppm will stay at N$19,25 per litre.

Similarly, fuel prices in other parts of the country will also remain the same.

The ministry’s spokesperson Andreas Simon says the ministry recorded an under-recovery on petrol and over-recoveries on diesel in June.

An under-recovery of 46 cents per litre on petrol was recorded during June, and over-recoveries of four cents per litre on diesel 50 ppm and one cent per litre on diesel 10 ppm were recorded, Simon stated.

The ministry left the price of petrol in Namibia unchanged during June as well, but lowered the price of diesel 50 ppm by 80 cents per litre and decreased the price of diesel 10 ppm by 60 cents per litre.

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