A new price schedule for petroleum products to be used for May was yesterday set out by the Energy and Water Utilities Regulatory Authority (EWURA), seeing a hike in fuel price by 57/- compared to last cap prices, while diesel saw a drop in price by 14/-.

It said in a statement that the rise in prices was due to an increase in price of Free on Board (FOB) refined petrol by 3.90 percent, with the FOB price of diesel dropped by an average of 1.31 percent

The regulator also cited the decline of importation costs by an average of 7.21 percent for petrol and 2.15 percent for diesel at Dar es Salaam port, 10.14 percent for petrol and 23.18 percent for diesel at Tanga port, and 5.32 percent for both petrol and diesel at Mtwara port.

The changes have also to do with foreign currency exchange rates “and the continued use of the euro to pay for imported fuel,” it said.

The wholesale price for petrol taken from Dar es Salaam port rose to 3,181.48/- per litre from 3,125.27/- in place since last year, where diesel wholesale price dropped slightly to 3,063/- from 3,077.94/-

For Tanga port, the wholesale price of petrol is set at 3,184.05/- from 3,129.50/- earlier, with diesel selling at 3,069.46/- wholesale from 3,085.59/-.

In Mtwara, petrol will be sold at 3,185.05/- from 3,128.03/- and diesel set at 3,067.90/- from 3,079.23/-.

Retail prices for petrol in Dar es Salaam rose by 57/- whilst diesel rose by 14/-, thus the retail price of petrol in the city came to 3,314/- from 3,257/- with diesel sold at 3,196/- from 3,210/-earlier.

Retail prices for petrol offloaded at Tanga port stands at 3,317/- from 3,260/- and diesel is sold at 3,200/- from 3,212/-.

Retail prices of petrol and diesel in other regional centres indicated include Arusha where retail petrol price was set at 3,398/- and diesel at 3,280/-. In Musoma petrol price was appended at 3,479/- and diesel at 3,362/-, with Sumbawanga set to buy petrol at 3,487/- and diesel at 3369/-, the statement indicated.