DRC is revising the price structure of petroleum products in the South and East zones

January 23, 2022January 23, 2022 arnbethnic

The question of the shortage of petroleum products in the South and East zones was the subject of discussions, on Wednesday January 19, 2022, between the Minister of the National Economy and that of Hydrocarbons.

In the light of these exchanges, the two members of the Sama Lukonde Government did not rule out a possible update of the price structure of petroleum products in these two zones considered by the end of this week.

Having taken into account the measure of the current overheating, the two Ministers who are trying to reassure the oil companies and the population call them at the same time for calm.

For them, the rise in the price of petroleum products is justified in particular by a certain increase in the average border price. A decisive parameter for deciding whether or not to readjust the price structure of petroleum products.

For his part, the Minister of Hydrocarbons, Didier Budimbu, indicates that the problem is more located in the eastern part and he promises to find solutions in 48 hours.

Recall that a meeting took place between the Minister of Hydrocarbons and oil operators. On the menu, the two parties discussed a probable readjustment of the price of petroleum products in this part of the country.

According to experts from the Ministry of Hydrocarbons, it is the lack of stock due to the increase in the average border price which is the basis of the current situation. Also, there would be the problem of pay and loss of earnings.

“I therefore ask the oil companies to remain calm because the Government is committed to stabilizing the sector. In 48 hours, there will be a new price structure and everyone will relaunch their activities,” reassured the Minister
of the Economy, Jean-Marie Kalumba.

In the same vein, the boss of Hydrocarbons, Didier Budimbu, reassures that a solution will be found so that all stakeholders are satisfied.

“The oil operators are our partners, I think it’s them or us, we are all Congolese. We must therefore seek the well-being of the Congolese population,” he said.

For example, the price of a liter of gasoline has increased by 122% in Kongolo in Tanganyika.

The two members of the Warriors’ Government are committed to settling this situation, which risks not only having a knock-on effect on other basic necessities but also on public transport prices. If nothing is done.