The Gambia Government Clarifies Petrol Supply Situation in the country through a media despatch signed by the deputy spokesperson which reads:
“In the wake of numerous complaints from commuters and motorists over fuel supply, The Gambia Government wishes to clarify that the ship scheduled to deliver petrol by the 3rd March 2023 is delayed due to extreme weather conditions at sea. Upon verification of this unfortunate natural circumstance affecting the vessel, His Excellency President Adama Barrow immediately instructed the Petroleum and Finance Ministries to alternatively replenish the current low domestic stock through overland importation from neighboring countries. ”
The release further stated that the Ministry of Finance and Economic Affairs (MOFEA) granted concessions to Oryx, Jah Oil, and three other licensed importers to swiftly source petrol from Senegal. Jah Oil has particularly secured 1.5 million liters of petrol to be delivered within the next 24 hours.
“Therefore, the limited sale of petrol by Oil Marketing Companies (OMCs) across various fuel stations nationwide is a tentative measure of ensuring steady supply parallel to the overland delivery of additional gasoline.”
“Strategically, The Gambia Government has liberalized the petroleum sector and granted some 50 import licenses to private investors while maintaining diligent regulatory oversight. It subsidizes fuel and ensures price stability at the retail pumps in the country.”