Namibia's Ministry of Mines and Energy announces a May 2 petrol and diesel price hike due to global crude oil price increases.
Namibia's Ministry of Mines and Energy announced a petrol and diesel price hike effective May 2, with petrol increasing by 70 cents per liter and diesel variants rising by 40 cents per liter. The National Energy Fund will partially offset the burden on consumers by absorbing under-recoveries. The increase is due to global crude oil price hikes resulting from geopolitical tensions and refinery disruptions.
April 27, 2024
3 Articles