PRESS STATEMENT   

ARTIFICIAL FUEL SUPPLY SHORTAGE

It has come to the attention of the Zimbabwe Energy Regulatory Authority (ZERA) that some petroleum licensees are hoarding or limiting fuel supplies to consumers for speculative purposes as well as supplying the black market.

Such action is in violation of the Petroleum (Fuel Pricing) (Amendment) Regulations, 2015 (No.1) published in Statutory Instrument 20 of 2015 which prohibits the withholding of petroleum products for speculative purposes.

Petroleum licensees are hereby warned to cease and desist such criminal activity as they risk prosecution and possible cancellation of their license.

ZERA has deployed Compliance Officers to assess the situation on the ground. Members of the public are also advised to report corrupt fuel retailers who have created artificial fuel shortages to ZERA on the contact details provided below.

Mr. E.T Mazambani

ACTING CHIEF EXECUTIVE OFFICER

ZIMBABWE ENERGY REGULATORY AUTHORITY