Page 19 - DMEA Week 28 2021

DMEA NEWS IN BRIEF DMEA

as demand increases and many road users are at the border say Angolan fuel is much more Alweendo says Namibia is currently better
shunning the formal oil market. As a result, affordable compared to local fuel. prepared for any supply disruption.
the police in Ohangwena and other regions Vendors sell five litres of petrol for between “We have increased our effective national
have their hands full trying to bring oil N$40 and N$55, while local pump prices reserves from seven to 10 days to an effective
smugglers to book. increase and decrease depending on the 30 to 45 days, making the country more
The Namibian recently visited Oshikango international market from which it is sourced. secure in terms of this strategic commodity.”
and found a cat-and-mouse situation between According to the government, the local The oil storage facility started operating in
fuel vendors and police officers at the town. oil-storage facility would keep these monthly February.
Fuel vendors seem to range from young boys fluctuations less extreme. “Rather gradual and NAMIBIAN
to middle-aged women. Transactions between implemented in a manner that is manageable
smugglers and vehicle owners are swift, with and reasonable under the circumstances,”
the police ever at their heels. the ministry says. This is, however, yet to be
Road users interviewed by The Namibian realised.

Week 28 15•July•2021 www. NEWSBASE .com P19