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Fuel prices go up in Tanzania
www.chinaview.cn 2006-04-16 14:37:36

    DAR ES SALAAM, April 16 (Xinhua) -- Prices at filling stations in Dar es Salaam have gone up over the weekend, after the price of crude hit 67 U.S. dollars a barrel on the international market.

    Unleaded petrol is now selling at 1,260 Tanzanian shillings (1.024 dollars) per liter while diesel is selling at 1,256 shillings (1.021 dollars) per liter.

    The two fuels were selling at 1,150 shillings (93 U.S. cents) per liter and 1,130 shillings (91 cents) per liter last week.

    BP Tanzania is the oil importing company that has raised its filling station prices by the largest margin of about 10 percent. The company was the latest firm to have offloaded petroleum products last week in Dar es Salaam.

    Local analysts attributed the fuel price hike to threats posed by Iran's nuclear standoff with the United States and the violence in the African oil-producing country of Nigeria.

    They also predicted that the country's inflation was set to rise further in that fuel prices would affect the transportation and distribution of food in the country and fuel prices themselves,just like the food prices, also weigh heavily on the inflation scale. Enditem    

Editor: Yang Li
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