Fuel prices remain unchanged – Namibia



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MARIA SHAANIKA

Energy and Energy Minister Tom Alweendo announced today that fuel prices will remain the same for the next monthly business cycle.

He said prices would remain unchanged due to stable international prices per barrel of refined oil and average exchange rates over the previous trading round.

The barrel of diesel was trading at about 69 US dollars or 966 Namibian dollars at the current exchange rate, while the barrel of gas was trading at about 59 US dollars or 826 Namibian dollars, the minister said.

Alweendo said that at Walvis Bay, the point of entry, pump prices of unleaded gasoline remained respectively at N $ 12.05 per liter, and diesel prices at 500 and diesel 50 to 13.08 and N $ 13.13 per liter.

"Prices at the fuel pump in the country will also remain unchanged. The ministry has decided to keep fuel prices unchanged for next month while continuing to monitor the movements of all market indicators that influence final pump prices, "he added.

Alweendo said the government is committed to maintaining price stability for gasoline and diesel to minimize the level of uncertainty inherent in the conduct of all economic activities in the country. country.

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