The Ministry of Mines and Energy has announced a 30 cent increase in the price of petrol and 40 cents for diesel for the month of February.
The new fuel price for Walvis Bay will be N$15.95/litre for petrol and N$15.98/litre for diesel.
The National Energy Fund will finance the full under recovery amount recorded for January 2022, amounting to approximately N$67 million.
This comes as the January 2022 fuel prices were kept unchanged after a December price increase of 70 c/litre for diesel and petrol.
