Namibia will maintain current fuel prices for September 2025, the Ministry of Industries, Mines and Energy (MIME) has announced, extending the period without any price increases since July.
Executive Director Moses Pakote said petrol 95 will remain at N$20.37 per litre, Diesel 50ppm at N$19.92, and Diesel 10ppm at N$20.02. “The National Energy Fund will absorb all under-recoveries,” he said.
Pakote explained that international prices eased due to higher U.S. oil production, the expiration of tariffs, weaker refinery margins and discounted Russian crude.
However, rising freight and demurrage costs linked to Middle East tensions offset some of the benefits.
“The Namibia Dollar strengthened slightly against the U.S. Dollar during the review period, cushioning the impact of higher freight costs. The National Energy Fund will absorb all under-recoveries, ensuring no immediate impact on consumers,” he said.
“Based on the outcomes of the preceding input factors and other parameters considered in the fuel pricing mechanism, the model recorded an under-recovery of 11.525 cents per litre for ULP95, while Diesel 50ppm and Diesel 10ppm registered under-recoveries of 50.425 cents per litre and 42.197 cents per litre, during the review period,” Pakote added.
