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Malawi Fuel Crisis Shows No Signs Of Abating

Malawi Fuel Crisis Shows No Signs Of Abating

Malawi has been suffering from a fuel shortage for about two months. According to authorities, this is primarily due to foreign exchange shortages, which hampered the loading of fuel for Malawi at the ports of Beira, Mozambique, and Dar es Salaam, Tanzania. During a...

Residual fuel oil subsidy suspended by NPA

Residual fuel oil subsidy suspended by NPA

The National Petroleum Authority (NPA) has suspended the residual fuel oil subsidy (RFO), effective November 1, 2022. According to a statement signed by Dr Mustapha Abdul-Hamid, the Chief Executive Officer of the NPA, the suspension of the policy to subsidise RFO is...

IES warns of fuel shortage

IES warns of fuel shortage

The Institute for Energy Security (IES) has predicted a nationwide shortage of petroleum products in the country in the short-term. According to the energy think tank, the reasons for the shortage will be the free fall of the cedi, which is causing a scarcity of...

Petrol, diesel prices up by 16% and 12%

Petrol, diesel prices up by 16% and 12%

Fuel prices have surged up at various fuel pumps, after a fortnight review of oil prices by Oil Marketing Companies (OMCs) over the weekend. The minor increase in crude oil prices on the global market and the significant depreciation of the cedi resulted in the...

ENERGY GHANA MAGAZINE

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