wholesale petroleum licenses

Ban on issuance of wholesale petroleum licenses lifted

Ban on issuance of wholesale petroleum licenses lifted

Erasmus Shalihaxwe The Ministry of Mines and Energy lifted the moratorium placed on the issuing of wholesale petroleum licenses on Wednesday. The moratorium that has been in place since 15 August 2022 will be lifted today. The Ministry instituted the moratorium to enhance its licensing systems and processes for better public service. The moratorium on issuing new retail licenses will, however, remain in place. “This is because there is evidence that the average demand for fuel has not increased, suggesting that issuing new retail licenses will negatively affect the viability of existing retail outlets. The Ministry will continue to assess…
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