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The Pricing Structure for Petrol, Diesel and IP

September 2014 petrol price
GAUTENG FUEL PRICES

COMPOSITION OF THE RETAIL PRICE OF PETROL AND THE WHOLESALE PRICES FOR DIESEL AND IP IN GAUTENG FOR THE PERIOD 03/09/2014 TO 30/09/2014 WILL BE AS FOLLOWS:

 
GAUTENG FUEL PRICES Petrol 95 ULP Petrol 93 ULP & LRP c/l Diesel *  0.05% S Diesel *  0.005% S Illuminating Paraffin
  c/l c/l c/l c/l c/l
Contribution to the basic fuel price (BFP) 786.750 771.750 818.630 824.030 821.128
Wholesale margin 31.000 31.000 61.200 61.200 61.200
Service cost recoveries 28.800 28.800 28.800 28.800 36.200
Storage, handling & delivery costs 28.800 28.800 28.800 28.800 28.800
Distribution cost         7.400
Dealers margin       (*) 143.300 143.300      
Zone differential in Gauteng 33.100 33.100 33.100
33.100
52.700
IP Tracer levy                            0.010 0.010  
Fuel levy 224.500 224.500 209.500 209.500  
Slate levy 0.000 0.000
0.000
0.000
0.000
Customs & excise duty 4.000 4.000 4.000 4.000  
EQF Levy 0.000 0.000 0.000 0.000 0.000
RAF levy 104.000 104.000 104.000 104.000  
DSML (Inland Demand Levy) 10.000                                                        
Petroleum Pipelines Levy 0.150 0.150 0.150 0.150  
Subsidy from Equalisation Fund 0.000 0.000 0.000 0.000 0.000
Incremental Inland Transport Rec Levy 0.000 0.000 0.000 0.000  
Sub-total 578.850 568.850
440.760 440.760
150.100
Retail price 1,366.00 1,341.00      
Wholesale price 1,222.70 1,197.70 1,259.390 1,264.790 971.228

South Africa Controlled Product Price Change

The Department of Minerals and Energy has announced the following price change for PETROL, DIESEL and IP/ KERO :

                                        EFFECTIVE DATE : Wednesday 03 September, 2014

 

South Africa Controlled Product Price Change
GAUTENG LIST PRICE CHANGE PUMP PRICE CHANGE
(Zone 9C) Change Current Price New Price Change Current Price New Price
V-Power 95 (Inl) 71.200 c/l decrease
1293.90
1222.7

67.000 c/l decrease

1433.00 1366.00
M93 ULP & M93 LRP 71.200 c/l decrease
1268.90
1197.7

67.000 c/l decrease

1408.00 1341.00
Diesel 0.05% 25.380 c/l decrease
1284.77 1259.39 Not controlled
Not controlled
 
Diesel 0.005% 24.380 c/l decrease
1289.17
1264.79 Not controlled
Not controlled
 
IP / Kero 19.00 c/l decrease
 990.228 971.228 Not controlled
Not controlled
 
.  

South Africa Conrolled Product Price Change
COASTAL LIST PRICE CHANGE PUMP PRICE CHANGE

(includes large coastal ports - i.e. CT, MB, PE, EL, DBN)

(Zone 1A) Change Current Price New Price Change Current Price New Price
V-Power (c)
& M95 LRP

71.200 c/l decrease

1252.90

1181.70

67.000 c/l decrease

1392.00 1325.00
Diesel 0.05%

25.380 c/l decrease

1254.17
1228.79 Not controlled Not controlled  
Diesel 0.005% 24.380 c/l decrease 1258.57
1234.19 Not controlled Not controlled  
IP / Kero

19.00 c/l decrease

940.028 921.028 Not controlled Not controlled  
  • Price change valid throughout RSA for RETAIL customers, the Commercial Price for Petrol will be distributed in a separate note
  • Petrol List and Pump prices above refer to Retail customers
  • Price change due to movements in crude and international product prices coupled with the prevailing (favourable) RAND – US dollar exchange rates

 

INCREASE IN THE RETAIL MARGIN APPLICABLE TO PETROL

The Minister of Energy has approved a retail margin increase of 4.2c/l with effect from 03 September 2014 in order  to accommodate the salary increase of 9% for pump fuel pump attendants and cashiers.

SLATE LEVY

In line with the Self-Adjusting Slate Levy Mechanism Rules, the Slate levy on petrol and diesel will decrease from 4.38 c/l to zero with effect from 03 September 2014.

SINGLE MAXIMUM NATIONAL RETAIL PRICE FOR ILLUMINATING PARAFFIN (SMNRP)

The Single Maximum National Retail Price for the period 03 September 2014 to 30 September 2014 will be 1267.0 c/l compared to 1292.0 c/l for the period 06 August 2014 to 02 September 2014, this is a decrease of 25.0 c/l.

South Africa Controlled Product Price Forecast

South Africa Controlled Product Price Forecast
NEXT PRICE CHANGE To be announced.
Petrols -
Low Sulphur Diesels 0.05% -
Ultra Low Sulphur Diesels 0.005% -
Illuminating Paraffin -
South Africa Controlled Product Price Forecast
Brent Crude Current -
Brent April 2014 Forecast -
Rand - USD exchange rate -

This Price Forecast will be announced on a future date.