Africa-Press – Mozambique. The prices of liquid fuels in Mozambique rose, as from Thursday, by between 7.4 and 22 per cent.
According to a press release from the Energy Regulatory Authority (ARENE), the sharpest rise was for LPG cooking gas. The price of LPG rose from 58.18 meticais (about 91 US cents, at current exchange rates) per kilo, to 71.02 meticais a kilo – an increase of almost exactly 22 per cent.
The price of petrol rose by 10.5 per cent, from 62.5 to 69.04 meticais a litre, while the litre of diesel that used to cost 57.45 meticais now costs 61.71 meticais – a rise of 7.4 per cent. The price of kerosene rises by 10.9 per cent, from 43.24 to 47.95 meticais a litre.
The ARENE release blamed the price rise on the increasing price of crude oil on the world market. This was the result of members of the Organisation of Petroleum Exporting Countries (OPEC) refusing to increase their output, and the recent recovery in the world economy as counties lifted restrictions imposed because of the Covid-19 pandemic, leading to greater demand for petroleum products.
The last time Mozambican fuel prices were altered was in November 2020, when the prices of diesel, petrol and kerosene fell by about 2.5 per cent.
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