Mozambican oil companies complain of “dramatic” situation

Rate this post

The Mozambican Association of Oil Companies (Amepetrol) has deemed “dramatic” the sector’s situation, as it is buying more expensive fuels, but there are no price updates at filling stations.

“We have absolute faith that the government understands our drama, that it is sympathetic and will find mechanisms to make the companies continue to operate with normality,” the association president, Michel Ussene, told Lusa.

Ussene reinforced Amepetrol’s warnings that have been recurrent since the beginning of 2022.

The issue is that there are no price updates at filling stations, which are below the purchase price, accumulating a state debt . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?

Source link

Leave a Comment