Johannesburg - The National Energy Regulator of SA (Nersa) has given transport parastatal Transnet the green light to raise its tariffs for users of its fuel pipelines by 6.09%.
If the minister of energy decided to use the pipeline tariff as
a proxy for the cost of transporting fuel from Durban to
Johannesburg - as had been the case in the past - then the
expected petrol price rise would be 0.7c per litre, Nersa said
in a statement on Friday.
Transnet had initially applied for a 51.3% tariff
increase to help it fund its pipeline being built between
Johannesburg and Durban, Nersa said.