Oil markets, the DRC Government promises to support SEP Congo to alleviate the crisis
The readjustment of fuel prices would be inevitable given the current international situation marked in particular by the Russian-Ukrainian conflict.
Through the Ministry of National Economy, the Government of the Democratic Republic of Congo (DRC) is very attentive to the difficulties encountered by operators in the oil sector, in particular the company SEP Congo.
During a moderated press conference, this Thursday, June 9, 2022, by the Secretary General of the Ministry of the Economy, Célestin Twite Nyembo, he said that the readjustment of fuel prices is inevitable following the economic situation. international.
According to him, the conflict between Russia and Ukraine has accentuated the instability of oil prices on the international market.
According to the Secretary General for the Economy, the situation in the Democratic Republic of Congo (DRC) is much better for local consumers who benefit from the subsidy from the Congolese Government.
Without this subsidy, he explains, the price of a liter of petrol at the pump would be 4,906 CDF against 2,345 CDF in the West zone.
And to continue: “In clear terms, the Government pays 2,561 CDF on each liter of gasoline to reduce the cost of petroleum products throughout the national territory. »
The Secretary General for the Economy, Célestin Twite Nyembo, insisted that he will always watch over and guarantee the purchasing power of the Congolese population.
He also considered that by signing the fuel price readjustment order on May 28, 2022, the Minister of Finance, Nicolas Kazadi, had responded to a logistical imperative faced by the company SEP Congo.
Following the uncertainty and speculation of this product on the international market, the Minister of the National Economy is considering recourse to the adjustment in stages in order to get as close as possible to the truth of the price of different fuels on the indoor market.
To do this, the Congolese Minister of Finance Nicolas Kazadi, meant that this measure should be accompanied by regular certification of residual losses and shortfalls and their payment according to the same regularity.
