Thu. Apr 18th, 2024

MERA Reduces Price Of Petrol

By Suleman Chitera Sep14,2022

Malawi Energy Regulatory Authority(MERA) has reduced the pump price of petrol by 10.28 percent.

MERA says the recent trends in the
world petroleum products prices and their impact on energy prices has led to the decision to cut fuel price.

The energy regulator also attributes the reduction to the recent stability of Malawi. Kwacha.

“Since the last In Bond Landed Cost (IBLC) review in July 2022 for petrol and June 2022 for Diesel and Paraffin, the Malawi Kwacha has remained relativelystable trading at K1,036.25 against the United States Dollar,” reads the statement in part.

The new pump prices are as below:

Petrol will be selling at K 1,746.00 from K1,946.00 representing 10.28 percent.

The prices of diesel and paraffin remain constant.

Related Posts
DPP Blues Rebels Brings Division In
DPP Blues Rebels Brings Division In

The way Charles Mchacha is castigating the Leader of Opposition in Parliament, Hon Kondwani Nankhumwa, is just testimony enough that Read more

Malawi Freedom Network advice President Banda to fight corruption

If you thought Malawians are lazy people, I bet you a Dinosaur, think twice and you will know, check in Read more

Malawi Government Faulted Over Arrests of Coup Suspects

The recent arrest in Malawi of three opposition politicians accused of planning to unseat President Peter Mutharika is dissent from Read more

Allegations of a coup plot sour diplomatic ties

The US embassy has denied involvement in an alleged plot to overthrow the president, Peter Mutharika. Analysis Media reports that Read more

Other stories

Leave a Reply

Your email address will not be published. Required fields are marked *

President Lazarus Chakwera has officially opened the Blantyre International Cancer Centre, The private health facility, has been constructed by the Thomson and Barbara Mpinganjira Foundation