Posted: Wednesday 25th June 2014 at 8:06 am

Severe fuel short hits parts of Accra

3621240x mg pukw50anm2 95189489 911426 Severe fuel short hits parts of Accra


Joy News’ checks reveal evere petrol shortage in some parts of Accra on Wednesday.

Several fuel stations have run dry as attendants turn away motorists.

Some fuel stations loacted in Adabraka, Ridge, Osu, Kokomlemle and along the Ring Road have attendants waving a sign that said ‘No Petrol’, reports say.

The shortage comes in the wake of threats by the bulk oil distributors of an imminent fuel shortage that will rock the country.

The Chief Executive Officer of the Chamber of Bulk Oil Distribution Companies (BDC), Senyo Hosi, had said there was stock of fuel in Ghana but it was on hold until government settles a GH₵1.5 billion it owes the chamber .

‘There is stock available on the market, on the shores of Ghana; but it is just that it is on a financial hold. You pay you get financial access to it from the international suppliers,’ he told an Accra-based radio station.

Mr. Hosi noted that the BDCs cannot buy because the banks are not ready to make credits available because they [BDCs] are ‘heavily indebted’ to them.

He also revealed information he has shows that Ghana has just about three days worth of stock.

He stated the situation can be resolved when the debts are paid them to allow the BDCs pay the international suppliers.

Comments:
This article has 0 comment, leave your comment.

Comments

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

+