Government has taken over the importation of fuel through the National Oil Company of Malawi (Nocma), a move that has been condemned by a fuel cartel.
Spokesperson for the Energy Department Joseph Kalowekamo confirmed in an interview that the Nocma will now be mandated to import fuel after the government revises the energy policy.
“As of now PIL (Petroleum Importers Limited) imports 90 per cent of our fuel. This will change. We will bring in new players in the industry,” said Kalowekamo.
He said parliament will change legislation in May so that National Oil Company is mandated to import fuel apart from its current core of storing the commodity.
PIL includes fuel retailers; Puma, Total, Injena and Petroda.
Kalowekamo said the 2003 energy policy will also be changed to reflect the new role of the state run National Oil company.
“The National Oil Company will be one of the major importers of fuel in the country,” he said.
The government says the coming in of the National Oil Company, headed by fuel experienced guru Robert Mdeza, will deal with fuel shortages experienced in the past few years.Follow and Subscribe Nyasa TV :