Question NW1486 to the Minister of Mineral Resources and Energy
06 May 2022 - NW1486
Bryant, Mr D W to ask the Minister of Mineral Resources and Energy
What are the relevant details of how he will assist the fisherfolk with the rising cost of fuel, diesel in particular and the impact this will have on the sector? NW1817
Reply:
The high diesel prices globally are a direct results of the ongoing conflict in Eastern Europe. The supply of diesel to Europe from Russian Federation has been disrupted as a result of sanctions thus creating a major diesel shortage globally.
The government has intervened by reducing the fuel levy by R1.50 per litre over a period of two months. This intervention came at a cost of R6 billion to the State and benefited both diesel and petrol users.