{"id":18285,"date":"2022-04-22T14:30:59","date_gmt":"2022-04-22T14:30:59","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/ametropol-calls-for-new-fuel-price-hike"},"modified":"2022-04-22T14:39:48","modified_gmt":"2022-04-22T14:39:48","slug":"ametropol-calls-for-new-fuel-price-hike","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/ametropol-calls-for-new-fuel-price-hike","title":{"rendered":"Ametropol calls for new fuel price hike"},"content":{"rendered":"

Africa-Press – Mozambique. <\/strong><\/span>Oil companies operating in Mozambique say they are running out of the ability to import fuels because of the low retail prices in the country, given the increase in prices on the international market and the approximately US$120 million that the state owes them.<\/p>\n

Michel Amade, president of the Mozambican Association of Fuel Operators (Amepetrol) said at a press conference in Maputo that the increase in the price of a barrel of oil to around US$110 meant that fuel prices in Mozambique were out of step with the situation in the region.<\/p>\n

\u201cA vehicle that fills up with diesel in Ressano Garcia and crosses over to Komatipoort will be paying 19.89 meticais less in Mozambique, which means that the price in Mozambique is out of step with what should be the international price,\u201d Amide explained.<\/p>\n

\u201cFrom the comparison of seven countries in the region \u2013 Mozambique, Tanzania, Eswatini, South Africa, Zambia, Zimbabwe and Kenya \u2013 Mozambique has the cheapest product at the filling stations,\u201d he added.<\/p>\n

Amepetrol has already done its calculations and is aware that the price could go very high, its president says, but the current situation could lead to some operators in the sector not having the capacity to import fuel.<\/p>\n

Danilo Correia, from Puma Energy Mozambique, also warns that the situation is worsening because of the government\u2019s growing debt of around US$100 to US$120 million to these companies.<\/p>\n

\u201cThe current market price is not in line with the cost of the product, and this means that companies have accounts receivable, in this case the Mozambican government\u2019s debt with gas stations, which is not recent and is worsening with the current situation internationally,\u201d Correia points out.<\/p>\n

Minister of Economy and Finance Max Tonela has recently admitted the possibility of an upward revision of fuel prices.<\/p>\n

\u201cThere are discussions underway with the gas companies with a view to finding ways of mitigating [prices], but depending on developments, we may have to make one more adjustment to avoid [shortages] and guarantee the continuity of fuel supply,\u201d Minister Tonela said.<\/p>\n

A rise in fuel prices could put further pressure on the cost of living in the country with a knock-on increase in the price of goods and services, starting with transport.<\/p>\n

Despite warnings that the month of May will be difficult, fuel operators say they have about 20 days\u2019 supply of gasoline and 15 days\u2019 of diesel.<\/p>\n

For More News And Analysis About Mozambique<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mozambique. Oil companies operating in Mozambique say they are running out of the ability to import fuels because of the low retail prices in the country, given the increase in prices on the international market and the approximately US$120 million that the state owes them. Michel Amade, president of the Mozambican Association of […]<\/p>\n","protected":false},"author":84,"featured_media":18284,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7,8,16],"tags":[233,281,283],"class_list":["post-18285","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"\nAmetropol calls for new fuel price hike - Mozambique<\/title>\n<meta name=\"description\" content=\"Oil companies operating in Mozambique say they are running out of the ability to import fuels because of the low retail ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/ametropol-calls-for-new-fuel-price-hike\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ametropol calls for new fuel price hike\" \/>\n<meta property=\"og:description\" content=\"Oil companies operating in Mozambique say they are running out of the ability to import fuels because of the low retail ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/ametropol-calls-for-new-fuel-price-hike\" \/>\n<meta property=\"og:site_name\" content=\"Mozambique\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-04-22T14:30:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-04-22T14:39:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/04\/img-6262be1a6e008.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"870\" \/>\n\t<meta property=\"og:image:height\" content=\"592\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/ametropol-calls-for-new-fuel-price-hike#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/ametropol-calls-for-new-fuel-price-hike\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Ametropol calls for new fuel price hike\",\"datePublished\":\"2022-04-22T14:30:59+00:00\",\"dateModified\":\"2022-04-22T14:39:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/ametropol-calls-for-new-fuel-price-hike\"},\"wordCount\":413,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/ametropol-calls-for-new-fuel-price-hike#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/04\/img-6262be1a6e008.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"Mozambique\"],\"articleSection\":[\"all news\",\"economy\",\"head lines\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/ametropol-calls-for-new-fuel-price-hike#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/ametropol-calls-for-new-fuel-price-hike\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/ametropol-calls-for-new-fuel-price-hike\",\"name\":\"Ametropol calls for new fuel price hike - 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