{"id":12019,"date":"2021-12-21T14:09:52","date_gmt":"2021-12-21T14:09:52","guid":{"rendered":"https:\/\/www.africa-press.net\/zambia\/all-news\/some-oil-marketing-companies-want-a-higher-fuel-price-adjustment"},"modified":"2021-12-21T14:28:13","modified_gmt":"2021-12-21T14:28:13","slug":"some-oil-marketing-companies-want-a-higher-fuel-price-adjustment","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/zambia\/all-news\/some-oil-marketing-companies-want-a-higher-fuel-price-adjustment","title":{"rendered":"Some Oil Marketing Companies Want A Higher Fuel Price Adjustment"},"content":{"rendered":"

Africa-Press – Zambia. <\/strong><\/span>Some Multinational Oil Marketing Companies -OMC\u2019s are not happy with the recently announced adjusted fuel pump prices instead of opting for slightly higher prices than those settled for by government through the Energy Regulations Board-ERB-.<\/p>\n

The price of petrol was recently hiked from K17.62 tO K21.16 while that of diesel was adjusted upward from K15.59 to K20.15, prices the OMC\u2019s do not agree with.<\/p>\n

According to OMC\u2019s association president Kafula Mubanga, while the removal of subsidies was welcome, most OMC\u2019s are of the view that the hike should have been slightly more and has attributed the current shortage in some parts of the country to some companies withholding stock to solicit government for a higher price increase in fuel.<\/p>\n

Dr. Mubanga has also cited transportation challenges from ports of discharge due to the rains as part of the reason for the shortage of fuel but has assured stakeholders supply will stabilize during the course of the week once the OMC\u2019s realize that government considered many factors including impact on the end user, business and regional pricing among others to effect the current prices.<\/p>\n

He has since reminded OMC\u2019s that they have a mandate, as much as for profit, to support the government of the day by responding positively to the supply chain process and ensure that there is enough stock in the country although he was quick to mention that Zambia\u2019s fuel pump prices remain relatively lower in the region as most countries are currently at k22 plus per liter of petrol.<\/p>\n

Meanwhile, a random check by Phoenix News in Kitwe between yesterday and this morning found that all the 5 operational filling stations in town center had no petrol prompting complaints from taxi drivers who have lost business due to the shortage of the commodity.<\/p>\n

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

Africa-Press – Zambia. Some Multinational Oil Marketing Companies -OMC\u2019s are not happy with the recently announced adjusted fuel pump prices instead of opting for slightly higher prices than those settled for by government through the Energy Regulations Board-ERB-. The price of petrol was recently hiked from K17.62 tO K21.16 while that of diesel was adjusted […]<\/p>\n","protected":false},"author":84,"featured_media":12018,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,8,12,16],"tags":[234,235,233],"class_list":["post-12019","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-homepage-english","category-policy","category-twitter","tag-africa-press","tag-africa-press-zambia","tag-zambia"],"yoast_head":"\nSome Oil Marketing Companies Want A Higher Fuel Price Adjustment - Zambia<\/title>\n<meta name=\"description\" content=\"Some Multinational Oil Marketing Companies -OMC\u2019s are not happy with the recently announced adjusted fuel pump prices in ...\" \/>\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\/zambia\/all-news\/some-oil-marketing-companies-want-a-higher-fuel-price-adjustment\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Some Oil Marketing Companies Want A Higher Fuel Price Adjustment\" \/>\n<meta property=\"og:description\" content=\"Some Multinational Oil Marketing Companies -OMC\u2019s are not happy with the recently announced adjusted fuel pump prices in ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zambia\/all-news\/some-oil-marketing-companies-want-a-higher-fuel-price-adjustment\" \/>\n<meta property=\"og:site_name\" content=\"Zambia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-12-21T14:09:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-12-21T14:28:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zambia\/sites\/35\/2021\/12\/img-61c1e44893144.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"960\" \/>\n\t<meta property=\"og:image:height\" content=\"531\" \/>\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\/zambia\/all-news\/some-oil-marketing-companies-want-a-higher-fuel-price-adjustment#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/some-oil-marketing-companies-want-a-higher-fuel-price-adjustment\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Some Oil Marketing Companies Want A Higher Fuel Price Adjustment\",\"datePublished\":\"2021-12-21T14:09:52+00:00\",\"dateModified\":\"2021-12-21T14:28:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/some-oil-marketing-companies-want-a-higher-fuel-price-adjustment\"},\"wordCount\":324,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/some-oil-marketing-companies-want-a-higher-fuel-price-adjustment#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/zambia\/sites\/35\/2021\/12\/img-61c1e44893144.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Zambia\",\"Zambia\"],\"articleSection\":[\"all news\",\"head lines\",\"homepage-english\",\"policy\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/zambia\/all-news\/some-oil-marketing-companies-want-a-higher-fuel-price-adjustment#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/some-oil-marketing-companies-want-a-higher-fuel-price-adjustment\",\"url\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/some-oil-marketing-companies-want-a-higher-fuel-price-adjustment\",\"name\":\"Some Oil Marketing Companies Want A Higher Fuel Price Adjustment - 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