Following the strict monitoring and control over the transfer, distribution and marketing of petroleum products government has outlined a time limit for trading petroleum products.
Due to the current situation in our country, man-made damages may occur, and to that effect the Ministry of Trade and Industry has set the given time limits in order to curb the situation. This will allow the Ministry to control existing and improper inflation and to avoid shortages by creating undue stockpiles.
“We are working harder than ever to prevent any damages,” read the Ministry of Trade and Industry statement.
To closely monitor and control the transfer, distribution and marketing of petroleum products all gas stations in Addis Ababa starting from November 6, 2020 will be operational from 6AM- 8PM and for other regions the operational time limit will be 6AM- 7PM.
In addition, the monthly quota for sugar supply and distribution of basic commodities stood at 426,000 quintal, which on this month’s performance accounts for 87 percent. The monthly oil quota stood at 40,000,000 and its monthly performance is said to account for 30 percent. According to the Ministry it currently has 74 million liters in stock.