EWURA says they violated principles of the business
Energy and Water Utilities Regulatory Authority (EWURA)
The Board of Directors, led by its Chairman Simon Sayore said they reached the decision at their Extra-Ordinary Meeting held yesterday in Dar es Salaam.
A statement issued yesterday by EWURA Director General Felix Ngamlagosi said the companies violated the principles of business governing the downstream petroleum sub-sector.
“Revocation of the licenses was due to failure of these companies to conduct petroleum wholesale business for more than six months consecutively, contrary to provisions of the Petroleum (Whole Sale) Operations Rules, Government Notice No 419 of 2012 and the terms and conditions of respective petroleum products wholesale license,” the statement read.
Ngamlagosi said the companies whose licenses have been revoked are: Aspam Energy (T) Limited, MPS Oil Tanzania Limited, Panone Bulk Oil Importers Limited, Petcom (T) Limited, KMJ Tanzania Limited, Horizon Petroleum Company Limited, G.M and Company (T) Limited and Petronas Energy Tanzania Limited.
Meanwhile, Correspondent Emmanuel Onyango reports that a Kenyan based oil marketing company ‘Gapco Kenya Ltd’ has won the 22nd tender to import petroleum products into the country under the Bulk Procurement System (BPS) as of June this year.
The tendering process organised by Petroleum Importation Coordinator (PIC) on a monthly basis saw six oil marketing companies, all operating in the country, apply for the tender.
PIC General Manager Michael Mjinja told a press conference yesterday in Dar es Salaam that out of the six competing companies, Gapco Kenya Ltd had the minimum weighted average premium of 36.048 the lowest against the rest while the maximum was 48.982.
He said other companies which submitted tenders and their average premium importation in brackets are Augusta Energy SA (38.457), Enoc Africa Limited (41.472), Addax Energy SA (47.078), Vitol SA (48.982), Trafigura PTE Ltd (40.261).
“The winning bid which was selected quoted a lower price, an indication of lower fuel prices,’ explained the statement.
Under the quotations, the company will be required to supply a total of 253,745 metric tons of oil as follows: Diesel would be 157,482, Petrol is 82,541, Jet fuel is 12, 622 and Kerosene is 1,100 metric tons.
Under the above quotations, 138,450 metric tonnes will be for local consumption while 115,295 metric tons will be transit fuel.
The PIC which coordinates bulk procurement of petroleum products on behalf of Oil Marketing companies in the country issued invitation for bids in early April this year and initially, the tenders was to be offered to a winning company in three months but the timeframe was reduced to one month owing to what has been explained as ‘difficulties in logistics’.
Statistics made available show that, Tanzania uses a total of 2 million litres of petrol, 3.9 litres of diesel, 550,000 litres of oil jet and 190,000 litres of kerosene per day.
SOURCE:
THE GUARDIAN
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