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Government Reduces Fuel Prices

Government Reduces Fuel Prices

The government Tuesday announced that it had reduced the price of fuel by 7 US cents per litre after increasing the mandatory blending of fuel with ethanol from E-10 to E-20.

This was announced at a post-Cabinet meeting in Harare by Information and Publicity minister Monica Mutsvangwa who said:

Cabinet has adopted resumption of petrol blending at E10 from April 25, 2022, which has reduced the pump price of petrol by US$0,04 per litre. The blending will go up to E20 by end of May 2022, which will lead to a higher reduction in the price of petrol by US$0,07 per litre.

Responding to questions from the media, Energy and Power Development Minister Zhemu Soda said blending at E10 had reduced the pump price of petrol by 4 US cents per litre while the move to E20 would further. He said:

This blending is done for a variety of reasons and this is something that we are actually achieving. By using a locally produced product we are averting the dependence on foreign currency to import all the fuel requirements that we have for the country.

“Ethanol is cheaper than unleaded petrol which we are procuring from outside the country.

Senator Mutsvangwa also said the government has increased efforts to improve the strategic fuel reserve, with US$40 million worth of fuel having been procured in the last six months.

She added that the intention is to maintain at least a 30-day stock cover, which at the current consumption levels translates to 150 million litres.

The minister said the fuel will be released onto the market when necessary to fill supply gaps or to stabilise prices.

It is also planning to establish a fuel price stabilisation fund that will even out rises in pricing.

The government also intends to set up a fuel price stabilisation fund to cushion consumers from sharp increases in fuel prices.

The blending of petrol with ethanol was re-introduced in 2008 after the licensing of Green Fuel’s Chisumbanje ethanol plant to minimise fuel shortages and reduce the huge fuel import bill.

The resumption of petrol blending at E10 from April 25 and a subsequent increase to E20 by the end of May, was part of the immediate strategies being adopted.

The blending of fuel is exclusively conducted by licensed blenders only in compliance with Zimbabwe Energy Regulatory Authority regulations.

Motorists previously complained that blended fuel does not last and also is detrimental to vehicles. 

More: The Herald

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Ed 1 month ago

Zanu yotsvaga mari yema elections.. But zvicharema chete...

Feza 1 month ago

Compromise quality for quantity. A trait as old as Zanu Pf , and a silly one it is

ABSA 1 month ago

reduced today ,increased tomorrow

Asalif 1 month ago

pindula you are now too sensitive on our words some are not vulgar go to the settings of the website again

Chiurai 1 month ago

Kudzikisa bhod**** re kokora ne 10cents vachibvisa coke imomo ye 40cents voisa mvura ye 5 cents kuzadzisa pabviswa coke

Madii kungoita zvekare. Peturu inodhura isingauraye MOTA inofamba parefu.

Ne imwewo yakachipa isingagare ino increaser temperature yemota ichiuraya MOTA

Chiurai 1 month ago

kuti B h o d h o r o kunoda kuiswa tuma star bhod****

cute 1 month ago

putting sugar in tanks to damage our fuel savers.xaaah its senseless vakundikana vote CCC for change


Da Truth 1 month ago

Isa fuel iyoyo uwone unotsva zvekuoengereke haigari kuisa Jatirofa chaiko takabva kure ko dhiziri Riya repa Chinhoyi harisi Nani n'anga iya iripi irote zvakare ndopauno ona kuti mazidhaea anorwara brain kupera matarauzi achiombera kwanzi dhiziri rabuda muvhu varungu vamama kkkkkk paiva nanani paya mundiudzewo

Chapwititi Kestombela 1 month ago

Mota dzedu dzinotofa chete this time, sugar mutank here guys 🤣🤣🤣🤣🤣

chidhori ichch 1 month ago

isu tichisa sugar mumota .....haaaa bt zviriko fut

chidhori 1 month ago

haunyepi wangu & mind u ka ivo vanonwa kuma CMED

Machiavelli 1 month ago

Another useless intervention
1. US7 cents is an insignificant reduction in price.
2. Any increase in ethanol content increases fuel consumption. My own experience is as follows:- Filled up at Shell City(Musina) with E92, travelled all the way to Mutare via Harare with ¼ tank left. On the Return trip, filled up in Harare and couldn't get to Beitbridge on a full tank and had to put in 20 litres at Bubi Village just to makesure I got past the border.
3. Automotive manufacturers don't recomend blended fuel for modern vehicles because of engine wear and tear.
4. My high pressure pump (in the fuel tank) malfunctioned because of the sticky ethanol, causing another unbudgeted expenditure of service and repairs

Garai henyu nesugar yenyu.

Da Truth 1 month ago

Hanging rope let the mafia continue to adjust it's for our on benefit 🙈🙈🙈🇿🇼

Me 1 month ago

Kkkkkkk @Asalif

Asalif 1 month ago

🔥🔥🔥🔥 the bet seems to be tough for the gambler now each and every day you make adjustments if it was a belt by it would have holes right round because of adjustments, today here tomorrow another hole 🍻🍺

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