Page 11 - AfrOil Week 14 2020
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AfrOil POLICY AfrOil
Tanzania has enough fuel in storage to cover demand for two months (Photo: EPCM Holdings
He also stated that the government would penalise dealers who increased their prices in a bid to take advantage of the outbreak.
New fuel services
In the meantime, he said, EWURA has drawn up plans to ensure that all of the country’s resi- dents have adequate access to fuel supplies. Spe- cifically, he said, the agency intends to launch mobile petroleum product delivery services serving rural communities.
These mobile services will be a better option for rural areas, as they will abide by current safety regulations, he claimed. “The established services (mobile fuel stations) are in accord- ance with the Petroleum Retail Operations in
Township and Village Rules, 2014,” he said.
By contrast, he said, existing facilities often take too many risks, such as storing and selling
fuels in gallon jugs.
Kaguo was speaking shortly after EWURA
reported that prices for some petroleum prod- ucts were down. On April 2, the agency said that retail rates for gasoline, diesel and kerosene had slid by 2-10% for consignments passing through the ports of Tanga and Dar es Salaam, with pump prices for fuel passing through Dar es Salaam down by 5-10%.
“The decline in local fuel prices [is] mainly due to changes in the world oil market prices and BPS,” the statement said, referring to Tan- zania’s Bulk Procurement System (BPS).
POLICY
Libya Oil Uganda wins early victory in lawsuit over tax payments
UGANDA
OLA Energy, a Kenyan fuel marketing company formerly known as OiLibya (itself a subsidiary of Tamoil Africa Holdings), has taken legal action against the Ugandan Revenue Authority (URA) to protest against the latter’s demand for payment of import taxes.
Last week, the company’s Ugandan subsid- iary, Libya Oil Uganda Ltd (LOUL), filed suit against URA at the sub-registry of the East Africa Court of Justice (EACJ) in Nairobi. In its petition, LOUL sought to bar the Ugandan Attorney General’s office and URA, which is act- ing as the office’s agent, from collecting the taxes before the matter could be adjudicated by the regional court’s First Instance Division.
The Ola Energy subsidiary justified its request for relief by saying that if the URA
was allowed to proceed, LOUL would be ren-
dered unable to continue operating, especially
since the company is already suffering from
the impact of the coronavirus (COVID-19) pandemic.
Ola Energy was formerly known as OiLibya (Photo: NMG)
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