News & Media
A joint efforts to combat smuggled petroleum products
The Petroleum Fund, in partnership with government agencies, is taking a strong stance against the smuggling and illegal importation of...
Read MorePetroleum Fund Equips Law Enforcement Officials with Industry Knowledge
The Petroleum Fund, in collaboration with the Department of Energy, convened a capacity-building workshop for thirty-three (33) members of the...
Read MorePetroleum Prices
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Petrol 93 | M18.45
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Petrol 95 | M18.95
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Diesel 50PPM | M19.75
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Domestic Paraffin (Retail) | M14.10
Welcome Note
The Petroleum Fund was established with the mandate to finance petroleum-related projects, to address the objectives of its enabling legislation which address, among others, the purchase of petroleum products in times of need; and the improvement of the distribution of petroleum products throughout the country.
The Fund is committed to embarking on petroleum investments that will, not only ensure that there is the security of supply of petroleum products in Lesotho, but that investment opportunities are created for Basotho within the petroleum sector, including overall economic stimulation and job creation in the country.
Our Core Services
The Fund is committed to embarking on the petroleum investment that will not only ensure there is a security of supply of petroleum products in Lesotho but that investment opportunities are created for Basotho within the petroleum sector, as well as overall stimulation of the economy and job creation in the country. The Fund does regulate the prices of petroleum products within the country.
Fuel
There are three types of fuel that are being sold at filling stations in the country:
- Petrol93
- Petrol95
- Diesel50
Thus, it is every motorist’s responsibility to ensure that the right fuel is pumped into their vehicles
Liquid Petroleum Gas (LPGas)
This is a flammable mixture of hydrocarbon gases used as fuel in heating, refrigeration and lighting appliances, cooking equipment, and vehicles. It is a mixture of 48% propane, 50% butane, and 2% pentane.
Illuminating Paraffin (IP)
Illuminating Paraffin is a low sulphur fuel oil that is thin and colourless. It is used in several different forms, including paraffin wax and petroleum jelly.