500ppm diesel to go
The ministry of energy has announced that diesel 500 ppm will be phased out by 1 January 2019, while a variant containing less sulphur - diesel 10ppm - will be phased in.
The announcement was made by the permanent secretary in the ministry of energy, Simeon Negumbo.
In the same release, Negumbo announced that the petrol price will remain unchanged for May but, diesel of both grades will increase by 30 cents a litre.
“All industry players have been advised to put measures in place to ensure a smooth process that will not disadvantage the consumer in any way. Diesel 500ppm will continue to be available in the market throughout the country,” Negumbo said. Low-sulphur diesel will be introduced on 1 January 2019.
According to Negumbo, there has been an increased demand for low-sulphur diesel because of newer vehicles in the market.
“There is an increasing demand for it due to newer vehicle models available on the market. The phasing in of low-sulphur diesel is also in line with the government's policy of cleaner fuels and global initiatives to reduce carbon dioxide emissions,” said Negumbo.
According to him, the introduction of low-sulphur diesel would be gradual.
“It is possible that not all retail sites will have the cleaner diesel at the beginning, but in time 10ppm diesel will be available countrywide.” Negumbo said all relevant information would be released in due course.
STAFF REPORTER
The announcement was made by the permanent secretary in the ministry of energy, Simeon Negumbo.
In the same release, Negumbo announced that the petrol price will remain unchanged for May but, diesel of both grades will increase by 30 cents a litre.
“All industry players have been advised to put measures in place to ensure a smooth process that will not disadvantage the consumer in any way. Diesel 500ppm will continue to be available in the market throughout the country,” Negumbo said. Low-sulphur diesel will be introduced on 1 January 2019.
According to Negumbo, there has been an increased demand for low-sulphur diesel because of newer vehicles in the market.
“There is an increasing demand for it due to newer vehicle models available on the market. The phasing in of low-sulphur diesel is also in line with the government's policy of cleaner fuels and global initiatives to reduce carbon dioxide emissions,” said Negumbo.
According to him, the introduction of low-sulphur diesel would be gradual.
“It is possible that not all retail sites will have the cleaner diesel at the beginning, but in time 10ppm diesel will be available countrywide.” Negumbo said all relevant information would be released in due course.
STAFF REPORTER
Comments
Namibian Sun
No comments have been left on this article