Govt dismisses fuel monopoly claim
me give you an example of say Total or Puma you will see that they have a lot of service stations with their emblem, so the number of service stations that they are able to supply fuel with translates to the money or foreign exchange that they will be given in order to feed those service stations. But if you are a person or company that has got only one outlet then you are given what is enough for your outlet. So that is the politics that is there. It is not that somebody is being segregated for any other reason.”
Dr Gumbo’s remarks come as the fuel situation has improved significantly with Sakunda Holdings and its partners providing Government with 100 million litres of fuel, which will only be paid for after 12 months.
Government and Sakunda are also finalising a deal that will see the latter supplying the country with 1,6 billion litres of fuel that would ensure adequate fuel supplies over the next 18 months.
Independent Petroleum Group (IPG), Glencore, Engen and Total have also chipped in and are working on various structures with the Government.
Dr Gumbo dismissed claims that Sakunda Holdings controlled the Beira-Feruka oil pipeline, which was supplying most of Zimbabwe’s fuel.
He said Government had no problem with establishing a second pipeline to make Zimbabwe a hub for fuel supply to the region.
“I am aware as the responsible Minister that the pipeline from Beira to Feruka has nothing to do with Sakunda. It is a pipeline that is owned by a Joint Venture between the Government of Zimbabwe and Mozambique and it ends there,” said Dr Gumbo.
“The question of the second pipeline does not apply today. The point about a second pipeline will apply in future and I have a plan for that. I would want to make Zimbabwe a hub for distributing fuel in the region, Botswana, Zambia and Democratic Republic of Congo. However the existing pipeline is not being used to full capacity. There is still underutilisation of that pipeline.”
He reiterated that the fuel shortage experienced recently was because of foreign exchange shortages.
“First of all you must know the causes of the fuel shortage. The economy is improving, so as it is improving it means you must have more fuel in the country,” said Dr Gumbo.
“As the Minister of Energy I have been on record and I know I have been criticised for saying the truth, we have got enough stocks of fuel in the country, that is a fact. What happens, which the public must know, is that as I stated earlier there is deregulation, there are international companies that bring the fuel and it is pumped from Beira to Msasa and Mabvuku and kept under what you call bondage, which means it is stored there like it was in Dubai or Abu Dhabi but you can only access it after paying for it in foreign currency,” said Dr Gumbo.