The total cost of these products, including gasoline, diesel, Dual Purpose Kerosene and fuel oil is estimated at Rs 37 billion.
Import of Fuel Oil 180 CST CC, used by ships, was revised upwards from 175,000 metric tons to 300,000 metric tons. Indeed, a growing number of ships are forced to refuel at Port Louis due to the upsurge of piracy in the Indian Ocean. Similarly, the demand for Fuel Oil 180 CST SR, used by the Central Electricity Board for energy has increased dramatically, from 75,000 metric tons to 130,000 metric tons.
The 50 ppm sulfur diesel was introduced in February
Barely a year after replacing the diesel 2500 ppm (2500 parts per million) by that of 500 ppm, the STC is about to take, by February, a new stage with the introduction of diesel 50 ppm sulfur in the local market. This project in the Maurice Ile Durable (MID).
Indeed, the diesel of 50 ppm, containing 0, 005% sulfur, 10 times less than the normal diesel currently marketed, will help significantly reduce emissions of sulfur in our daily environment.
At the direction of the STC, it is stated that this new type of diesel will have no adverse effect on vehicle engines that are already on our roads. Always on the side of the STC, it is claimed that the 50 ppm diesel offer many significant advantages, allowing, first, to indirectly reduce global emissions of carbon dioxide. This will also extend the life of the catalysts. Third, it optimizes fuel economy and ultimately help prolong engine life.
Regarding the financial impact of this product in the local market, STC said that the current price should not vary more than a very significant . The organization responsible for the importation of petroleum products in Mauritius wishes to absorder any increase in its "Price Stabilization Account" established under the Petroleum Pricing Committee (PPC).
Precisely, this committee will meet next week for the last time year to review the price of gasoline and diesel according to global trends.