REVIEW OF THE RETAIL PRICE OF JET-A1 IN THE MONTH OF NOVEMBER 2023
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BACKGROUND
Malawi Energy Regulatory Authority (MERA) considered recent trends in the world petroleum products’ prices and changes in other macroeconomic fundamentals in the local market and their impact on energy prices. In line with the Automatic Pricing Mechanism, Jet A-1 airfield prices have been adjusted upwards effective 10 November 2023 as follows:
All operators are required to sell Jet-A1 at prices not exceeding the above maximum recommended retail prices.
Signed
Reckford Kampanje
BOARD CHAIRPERSON
9 November 2023