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Minister: Big fuel price drop in June

May 17 2012 18:04

Parliament - There will be a "substantial decrease" in the price of fuel next month, Energy Minister Dipuo Peters said on Thursday.

Opening debate on her department's R6.8bn budget in the National Assembly, she told MPs this would be in time for the June holidays.

"We are currently witnessing a (downward) swing in the crude oil price and I'm please to announce that next month motorists will benefit from a substantial decrease in fuel prices in time for the June holiday driving season," Peters said, to loud applause from members.

She did not put a figure on the decrease.

dipuo peters  |  petrol prices  |  fuel prices


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