Petrol in India is More Expensive than 98 Other Countries

By siliconindia   |   Friday, 04 November 2011, 01:31 IST   |    1 Comments
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South Africa
SA
South Africa relies heavily on imported crude oil. Domestic sources and available substitutes alone cannot satisfy the country's current demand, resulting in imported crude oil accounting for over 90 percent of South Africa's requirements. South Africa consumed approximately 11.3 billion liters of petrol and 9.1 billion liters of diesel recent years, showing a 2.2 percent increase in petrol and a 6.6 percent decrease in diesel from the previous year. During 2008 there was a 4.2 percent decrease in petrol consumption and a 0.1 percent increase in diesel consumption from 2007. The petrol price based on PPP is $0.23 and diesel price is $0.10.