Explaining that the fuel shortage has been going on for the past few weeks, some suppliers suggest that the period between January and March is usually a peak demand season. Head of the Association of Petroleum Dealers believes that it must have been the three to four-day delay in the transport of petroleum from Djibouti as the price was adjusted this month — a nine percent increase that brought the price of a litre to 25.82 Br.

To their exasperation, the Association never received explanations from the Ethiopian Petroleum Supply Enterprise, which says that all is well on their side. Instead, it points its finger at distribution problems, including illicit sales and hoarding by drivers who fear further price hikes. Still, it does not deny that demand in urban areas like Addis Abeba is growing exponentially, with the volume of imports having doubled from an average of 1.5 million litres a day this fiscal year compared to the previous.

But the explanations are of little consolation to drivers and commuters. On top of an increase in fuel prices, which has led to hikes in public transport fares and would have consequences on general inflation, they have to deal with gas stations that keep running out of fuel.

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PUBLISHED ON Feb 20,2021 [ VOL 21 , NO 1086]

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