Thursday, October 24, 2024
BusinessNews

NOCMA averts fuel crisis: teams up with govt for swift solution

 

In a commendable display of efficiency, the National Oil Company of Malawi (NOCMA) has quickly addressed the recent fuel shortage that left motorists queuing for hours at service stations. A trainload of 15 wagons carrying 590,000 liters of diesel fuel arrived at the Kanengo Depot yesterday, marking a continued supply for a quick turnaround in the nation’s fuel supply chain.

This delivery comes right on the heels of another consignment—an impressive 2 million liters of diesel supplied just a day prior to NOCMA depots in Blantyre and Lilongwe.

Adding to the momentum, 44 tankers transporting a total of 1.9 million litres of petrol were scheduled to cross through the Songwe Border Post in Karonga District on Monday. According to NOCMA spokesperson, Raymond Likambale, another 1.6 million litres of petrol awaited transport from the Tanzanian side, ensuring a steady flow into Malawi.

NOCMA’s proactive measures are designed to alleviate the supply pressures that have gripped the nation, causing long lines and frustration among drivers. Moffat Soko, the Manager at the NOCMA Lilongwe Depot, revealed that an additional 26 trucks carrying about 1 million litres of petrol were expected to arrive by the end of yesterday, with eight trucks already on the ground.

“The new consignment is expected to hit the market by tomorrow,” Likambale assured, emphasizing the company’s commitment to enhancing fuel availability nationwide. This strategic approach showcases NOCMA’s dedication to ensuring the smooth operation of fuel distribution, especially during challenging times.

While NOCMA managed the immediate crisis effectively, the government has also been active in stabilizing the nation’s import capacity. Minister of Information Moses Kunkuyu reported that despite mounting public pressure to increase fuel prices as a potential solution to the supply crisis, the government has opted to maintain current pricing to prevent further inflation of goods and commodities.

Kunkuyu emphasized that recommendations for fuel price hikes have been made over the past three years, yet the government remains resolute in its decision to keep prices stable. This steadfast approach aims to foster economic stability while ensuring that the needs of citizens are met.

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