By Liapeng Raliengoane
MASERU – The Petroleum Fund Secretariat announced last week that effective from Wednesday 1, petroleum products prizes would be decreased.
A press release dated 31st January 2023, by Petroleum Fund states that the pump price of petrol 93 decreased by 35 cents, per litre to M19.30. Petrol 95 decreased by 40 cents per litre to M19.60. The pump price for of diesel 50 decreased by M1.95 cents per litre to M22.15 and illuminating paraffin decreased by 50 cents per litre to M17.60.
With fuel prices going down, motorists and public transport owners expressed delight and appreciation to know and realize they can save a few cents when visiting the garages.
An interview with a Taxi Transport Owner Lebohang Moea echoed that even though fuel price has decreased, as traders, they are not saving some cents as their motors still consume a lot of fuel at the traffic jam.
He said as much as fuel prices are now low, no money is saved as they still have to maintain their cars which are being damaged by the dilapidated roads they use. Moea also expressed his wish for the fuel prices to drop further.
For his part, Chief TBN Cabs Owner, Tabane Ramainoane, said the fuel prices decrease has helped which they appreciate as traders, though it brings a slight difference in their finances since there is a challenge of traffic jam during rainy days and month end, this means more fuel is consumed at long traffic jam queues thus bringing less to no difference in their pockets as entrepreneurs.
A Motorist, Tlali Matela conveyed that he is thrilled and that his pocket is already feeling relieved from the decreased fuel prices.
“Fuel decrease saves us some money, though I’m cautious that in winter they will increase as is the normal trend. My advice to other motorists is that we should avoid being prodigal while consuming, and remember winter is coming, thus save for the rainy days,” said Matela.
The Lesotho Energy Policy (2015-2025) seeks to provide a strategic direction that the country should follow in the energy sector, noting the pivotal role that energy plays in driving socio-economic development of Lesotho. In particular to petroleum products, this Policy provides a mandate to address, among other things, issues around importation, storage, distribution, investment and consumption.
Lukewarm excitement over fuel price decrease
By Liapeng Raliengoane
MASERU – The Petroleum Fund Secretariat announced last week that effective from Wednesday 1, petroleum products prizes would be decreased.
A press release dated 31st January 2023, by Petroleum Fund states that the pump price of petrol 93 decreased by 35 cents, per litre to M19.30. Petrol 95 decreased by 40 cents per litre to M19.60. The pump price for of diesel 50 decreased by M1.95 cents per litre to M22.15 and illuminating paraffin decreased by 50 cents per litre to M17.60.
With fuel prices going down, motorists and public transport owners expressed delight and appreciation to know and realize they can save a few cents when visiting the garages.
An interview with a Taxi Transport Owner Lebohang Moea echoed that even though fuel price has decreased, as traders, they are not saving some cents as their motors still consume a lot of fuel at the traffic jam.
He said as much as fuel prices are now low, no money is saved as they still have to maintain their cars which are being damaged by the dilapidated roads they use. Moea also expressed his wish for the fuel prices to drop further.
For his part, Chief TBN Cabs Owner, Tabane Ramainoane, said the fuel prices decrease has helped which they appreciate as traders, though it brings a slight difference in their finances since there is a challenge of traffic jam during rainy days and month end, this means more fuel is consumed at long traffic jam queues thus bringing less to no difference in their pockets as entrepreneurs.
A Motorist, Tlali Matela conveyed that he is thrilled and that his pocket is already feeling relieved from the decreased fuel prices.
“Fuel decrease saves us some money, though I’m cautious that in winter they will increase as is the normal trend. My advice to other motorists is that we should avoid being prodigal while consuming, and remember winter is coming, thus save for the rainy days,” said Matela.
The Lesotho Energy Policy (2015-2025) seeks to provide a strategic direction that the country should follow in the energy sector, noting the pivotal role that energy plays in driving socio-economic development of Lesotho. In particular to petroleum products, this Policy provides a mandate to address, among other things, issues around importation, storage, distribution, investment and consumption.