Petro Trade CCO Recommends Amidst reports that the Special Presidential Task Force set up by President George Weah to probe the recent shortage of petroleum product has submitted its report to the… //
The Petro Trade boss called on President Weah to attach seriousness to the matter and personally ensure that the LPRC and other relevant state authorities review and/or cancel the provisional lifting exercise, and that those who have deliberately defaulted be prosecuted for causing huge financial losses to other importers and the government and putting the country on the edge of economic instability.
He disclosed that his (Petro Trade) filling stations were selling 3,000 to 5,000 gallons a day but the shortage caused them to sell 1,000 to 1,500 gallons a day. //
In another instance, Liberian businessman Musa Bility who did not name any individuals or groups, recently stated that “two petroleum importers” were responsible for the shortage of gasoline on the market.
“I am here because I thought that it has become necessary for me to make some clarifications surrounding the gas shortage in the country. APM Terminals is right about their position in which they said that no vessel was rescheduled to berth as claimed by the government through the National Port Authority (NPA). Two importers, who were responsible to import petroleum products in December, are responsible for this crisis,” Bility said.
He added, “The two importers expected to have supplied the country, failed to do so. And the reason why only two importers are allowed to bring in petroleum products in a month is because there is not enough space at the LPRC to store the products.” //
In pursuit of seeking the causes of this situation, the House of Representatives’ specialized committee set to investigate the matter has been given the mandate through majority votes to investigate and come out with names of those who are indebted to other petroleum importers in the amount between US$9 million to US$12 million.
