Africa-Press – Sierra-Leone. The Petroleum Regulatory Agency (PRA) of Sierra Leone has announced updated fuel prices for August 2024, effective from today, 5th August. This adjustment follows a rise in global petroleum prices and a slight depreciation of the Leone against the US dollar.
According to the PRA’s press release, global market prices for petroleum products have increased due to higher demand during the summer period. The Leone experienced a minor decline of 0.43% against the USD in July, from NLe23.28 to NLe23.38.
The release also notes an under-recovery of NLe0.36 for petrol, which has been addressed through a price correction levy. Additionally, a debt recovery levy will recover NLe0.97 for petrol and NLe0.24 for diesel to stabilize prices.
The approved pump prices for August 2024 are as follows:
Petrol: NLe28.50 per litre
Diesel: NLe28.50 per litre
Kerosene: NLe27.49 per litre
Fuel Oil: NLe25.89 per litre
These prices will remain in effect until further notice from the PRA.
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