Gambia: Report Of Looming Diesel Shortage Is False -Petroleum Ministry

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Gambia’s Ministry of Petroleum and Energy has refuted assertions in the local media that the West African nation risks facing diesel shortage in the next seven days.

According to the Ministry, the information being circulated on social media platforms is untrue and baseless.

A statement issued by the Ministry said The Gambia is one country that has not experienced any fuel shortages since the start of the Russia-Ukraine war in March 2022.

“The Ministry of Petroleum and Energy, in collaboration with the Public Utility and Regulatory Authority, the depots (Gam-Petroleum and General Petroleum Services and the Oil Marketing Companies (OMCs) are ensuring that stock levels in the country are managed strategically to avoid shortages.”

To make fuel products affordable, the Ministry said the government continues to forgo its revenues while the importers also agreed to reduce their importer margin by US$20 per metric tonne.

The Ministry assured the citizenry that the government would do everything in its power to ensure that fuel products are available in the country.

 

 

 

Source: https://energynewsafrica.com