22.4 C
Maseru
May 18, 2024
News

FUEL PRICES HIKE

Maseru, Sept.06–Petroleum prices in Lesotho are subject to monthly adjustments based on a review of international and local factors.

This was said by the Chief Executive Officer of Petroleum Fund Mr. Thato Mohasoa following the fuel adjustment prices in Lesotho with effect from today (Wednesday).

Mr. Mohasoa indicated that the costs of fuel and its usual adjustments are determined by various factors from the petroleum products major refining centres of the Middle East, the Mediterranean and Singapore such as transportation, the costs of the petroleum products at these centres and the associated duty charges. 

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