Cooking gas (LPG) rose 22%,
from 58.18 to 71.02 meticais per kilogram.
Diesel, now 7% more
expensive, saw the lowest rise – from 57.45 to 61.71 meticais per litre; while
gasoline went up 10% from 62.50 to 69.94 meticais per litre.
Paraffin rose by almost 11%,
from 43.24 to 47.95 meticais per litre, while compressed natural gas for
vehicles (CNG) is up almost 9%, from 30.00 to 32.69 meticais per
litre-equivalent.
As usual, ARENE notes that
the new prices need not necessarily apply across the whole country, and might
be higher at gas stations outside the areas located in by distribution
terminals in Matola, Beira, Nacala and Pemba, since the law makes provision for
transport costs. ARENE justifies the price increases with the rise in the price
of a barrel of crude on the international market. This situation, according to
ARENE, derives from the maintenance of volumes produced by the member countries
of the Organization of Petroleum Exporting Countries (OPEC) and the lifting of
restrictions imposed by the Covid-19 pandemic, which, in many countries, has
led to an increase in demand for petroleum products.
The last adjustment of the
price of liquid fuels was in November last year, when prices fell.
Petroleum products for sale
in Mozambique are imported by sea in special cargo ships, through a process
centralised by law in a single public entity, IMOPETRO, which is in turn owned
by the petroleum product distributors operating in the country. It is then up to ARENE to determine the sale
price to the public to be practiced throughout Mozambican territory, in
accordance with calculations established by law. Yesterday, Brent oil futures
increased by 0.89% to US$85.84 per barrel and WTI crude was up 1.29% to
US$83.50.
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