Africa-Press – Lesotho. Relief for motorists following the decrease in fuel prices as published by the Petroleum Fund Secretariat on Thursday. The adjusted fuel prices are effective from today. Petrol 93 is set to decrease by 20 lisente per litre, petrol 95 will decrease by 25 lisente per litre and diesel 50 will see an increase of 5 lisente per litre.
Meanwhile the illuminating paraffin price will not be adjusted. The adjusted fuel prices stand as follows: Petrol 93 M11.20 per litre, Petrol 95 M11.35 per litre, Diesel 50 M12.00 per litre and illuminating
paraffin M6.85 per litre. “The Petroleum Fund wishes to appeal to all retailers to charge proper prices because it is illegal to charge prices that are different from the gazetted ones,” reads the fund statement in pertinent part. It further warns retailers who will not abide by these newly adjusted prices will have legal action taken against them. One of the motorists who talked to Informative Newspaper, Tsela Noko said
he is happy with the new prices. He said he will save some money as he will not pay “much. ” The month of April witnessed arguably sharp decrease of fuel prices with the decrease between M2.05 to M3.00 per litre across the board. They had increased considerably in June and July. The Petroleum Fund is amongst others responsible for stabilizing petroleum products prices and ensuring there is petroleum products supply in the country.
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