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Authorities Clamp Down on Fuel Stations

Jul 4 , 2022

A gas station in Addis Abeba.

Officials at the Petroleum & Energy Authority have ordered gas stations to pay the difference in fuel stock they hold when prices change later this week.

Officials are to conduct inventory at all gas stations and fuel depots the day before prices are adjusted and instruct stations to pay the price difference to the Ethiopian Petroleum Supply Enterprise. They allege illicit activities are behind their decision, claiming that hoarding is the cause for long queues at pumping stations over the past week.

The federal government plans to lift fuel subsidies beginning this week progressively. Drivers will bear the entire burden of global fuel prices by next July.



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