The government has already paid off more than half (around 70%) of the debt, estimated at 400 million dollars, that it contracted with the petrol companies as part of the implementation of the fuel subsidy so that the increase in the price of a barrel on the international market would not affect consumers in the country. The information was provided by the president of...
The Mozambican Association of Oil Companies (AMEPETROL) yesterday described the sector's situation as "dramatic", because it is buying more expensive fuel, but there are no price updates at filling stations. "We have absolute faith that the government understands our plight, that it is sympathetic and will find mechanisms to make...
AMEPETROL guarantees that the current reserves of liquid fuels in the country allow a stable supply to the domestic market and, consequently, the maintenance of prices of derivatives until next February. According to the Mozambican Association of Oil Companies (AMEPETROL), any alteration of the fuel prices practiced to the public can only be...