Govt condemns the illegal trade of petroleum products

Bryan Eiseb

The ministry of mines and energy has condemned the illegal trade of all petroleum products and expressed concern about individuals selling fuel without licences.

Acting executive director in the ministry Bryan Eiseb made these remarks in a statement last week.

“We strongly urge those engaging in such activities to immediately cease their unlawful practices,” Eiseb noted.

He noted the ministry’s concern about the increase in advertisements on social media platforms where individuals or entities offer to sell wholesale and retail fuel licences, and market fuel at prices not officially gazetted, often from unlicensed locations.

“It is crucial to inform and remind the public that the Ministry of Mines and Energy is responsible for regulating the distribution of petroleum products, specifically referring to petrol and diesel, within the petroleum downstream sector,” said Eiseb.

He added that fuel retail licences and fuel installation certificates are non-transferable and, therefore, cannot be offered for sale.

“The pricing of fuel, encompassing petrol and diesel, is subject to regulatory control as outlined in the Petroleum Products and Energy Act of 1990,” he said.

Additionally, fuel prices are regularly updated and officially published in monthly gazette releases.

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