Zambia’s Energy Regulation Board Explains Fuel Stock Outs
The Energy Regulation Board -ERB- has attributed fuel outages at selected filling stations in the country to logistical challenges by Oil Marketing Companies -OMCs- that operate the retail sites.
The ERB notes that it has received reports from OMCs who have had import challenges related to the scarcity of foreign exchange on the market coupled with the depreciation of the Kwacha against the dollar especially in the last six months.
ERB Manager – Public Relations NAMUKOLO KASUMPA however says the situation is expected to improve as the Kwacha appreciates against major currencies.
Mrs. KASUMPA has further assured the nation that the ERB is doing everything possible to address the reported shortages of fuel being experienced in the country.
She says the board is undertaking routine fuel stocks monitoring in collaboration with TAZAMA, INDENI and OMCs to ensure that there is continuous supply of fuel in the country.
Mrs. KASUMPA adds that the Board remains committed to working diligently to prevent any fuel shortages or disruptions and will continue to closely monitor the fuel supply situation.
In a statement availed to ZNBC News in Lusaka, Mrs. KASUMPA said the ERB will also maintain regular communication with fuel suppliers to address any potential challenges promptly.
SOURCE:ZNBC
