{"id":29221,"date":"2022-09-06T13:46:00","date_gmt":"2022-09-06T13:46:00","guid":{"rendered":"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-to-lower-retail-fuel-prices"},"modified":"2022-09-06T13:46:00","modified_gmt":"2022-09-06T13:46:00","slug":"namibia-to-lower-retail-fuel-prices","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-to-lower-retail-fuel-prices","title":{"rendered":"Namibia to lower retail fuel prices"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Namibia. <\/strong><\/span>Namibia\u2019s Ministry of Mines and Energy announced the decision to lower fuel prices on Monday.<\/p>\n<p>Based on the recent stabilizing in international oil prices and local currency appreciation, the price of petrol will decrease by 1.20 Namibia dollars (0.081 U.S. dollars) per liter, while diesel will go down by 0.65 Namibia dollars per liter, effective from September 7.<\/p>\n<p>In addition, the ministry will continue with the extension of the temporary reduction of the road user charges as well as the Motor Vehicle Accident Fund and the National Petroleum Corporation levies, the Minister of Mines and Energy, Tom Alweendo said at a press briefing in Windhoek.<\/p>\n<p>Alweendo further said the ministry also resolved to increase the industry margin for fuel wholesalers by 20 cents per liter on all products effective.<\/p>\n<p>\u201cThe ministry will continue to monitor the international oil market in the coming months to ensure that Namibia\u2019s petroleum market is perfectly aligned with the most important trends of oil supply and demand,\u201d he concluded.<\/p>\n<p>The new fuel prices in Walvis Bay will thus become 21.08 Namibia dollars per liter for petrol and 22.12 Namibia dollars per liter for diesel, while the fuel prices across the rest of the country will also be adjusted accordingly. (Xinhua)<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/namibia\">Namibia<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Namibia. Namibia\u2019s Ministry of Mines and Energy announced the decision to lower fuel prices on Monday. Based on the recent stabilizing in international oil prices and local currency appreciation, the price of petrol will decrease by 1.20 Namibia dollars (0.081 U.S. dollars) per liter, while diesel will go down by 0.65 Namibia dollars [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":29220,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[234,236,233],"class_list":["post-29221","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-namibia","tag-namibia"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Namibia to lower retail fuel prices - Namibia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-to-lower-retail-fuel-prices\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Namibia to lower retail fuel prices\" \/>\n<meta property=\"og:description\" content=\"Africa-Press &#8211; Namibia. Namibia\u2019s Ministry of Mines and Energy announced the decision to lower fuel prices on Monday. Based on the recent stabilizing in international oil prices and local currency appreciation, the price of petrol will decrease by 1.20 Namibia dollars (0.081 U.S. dollars) per liter, while diesel will go down by 0.65 Namibia dollars [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-to-lower-retail-fuel-prices\" \/>\n<meta property=\"og:site_name\" content=\"Namibia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-06T13:46:00+00:00\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-to-lower-retail-fuel-prices#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-to-lower-retail-fuel-prices\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Namibia to lower retail fuel prices\",\"datePublished\":\"2022-09-06T13:46:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-to-lower-retail-fuel-prices\"},\"wordCount\":219,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-to-lower-retail-fuel-prices#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2022\/09\/Hazrati1662455801.729573.jpg\",\"keywords\":[\"africa press\",\"Africa Press-Namibia\",\"namibia\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-to-lower-retail-fuel-prices#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-to-lower-retail-fuel-prices\",\"url\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-to-lower-retail-fuel-prices\",\"name\":\"Namibia to lower retail fuel prices - 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