BLANTYRE-(MaraviPost)-The Malawi Energy Regulatory Authority (MERA) has refuted reports circulating on social media that it has agreed to increase fuel prices in the country.

This follows a document bearing a Reserve Bank of Malawi (RBM) logo which is circulating on social media indicating that the energy regulatory body’s Pricing Committee (PC) met and agreed to increase fuel prices.

Embattled Henry Kachaje

According to a document , diesel price will be increased from MK1,999 per litre to MK2,270 while petrol will be hiked from MK1,920 to MK2,284.

The document also indicates that paraffin will be increased from MK1,261 to MK1,627.

The document indicates that the increase is due to an increase in FOB prices for Petrol, Diesel and Paraffin over the past month.

But in a statement made available to Maravi Post, MERA Chief Executive Officer Henry Kachaje has distanced the authority from the document saying the MERA board has not yet made any fresh determination on energy prices.

Kachaje says fuel prices remain the same as effected on June 23, 2022.

MERA last reviewed fuel prices on June 23,2022 when prices increased by over 30 percent.

As of now, Petrol is at MK1,999.90 per litre Diesel is at MK1,920.00 per litre and Paraffin is at MK1,236.00 per litre.

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