No fuel price hikes anytime soon

Breather: Tautona addressing the media this week. PIC: KENNEDY RAMOKONE
Breather: Tautona addressing the media this week. PIC: KENNEDY RAMOKONE

Despite the recent recovery in international crude oil prices, the Department of Energy Affairs says it will not make adjustments to local retail pump prices for petrol anytime soon.

Briefing journalists on Tuesday, the principal energy officer, Merapelo Tautona said any impact emanating from the rise in international crude oil prices will not be felt locally as it will be cushioned by the National Petroleum Fund (NPF).

The NPF is used by government to pay petroleum retailers the difference between the administered and prevailin0g fuel prices.

Editor's Comment
BPF should get house in order

Speaker of the National Assembly, Dithapelo Keorapetse, has this week rightly washed his hands of the mess, refusing to wade into a party squabble that has no clear leadership and no single version of the truth.When a single party sends six different letters to the Speaker’s office, each claiming to be the authoritative voice, it is not just confusion, but an embarrassment.Keorapetse is correct to insist on institutional boundaries. Parliament...

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