General News of 2014-06-24

Petrol shortage hits Accra

Citi News checks have revealed severe petrol shortage in some parts of Accra. Several fuel stations have run dry as attendants turn away motorists.

Citi News’ Evans Effah confirmed the shortage after he visited some filling Stations in Accra.

According to him, his search for petrol on Tuesday began at Dansoman, where he was turned away from two fuel stations.

He went to other filling stations in Adabraka, Ridge, Osu, Kokomlemle and along the Ring Road and attendants turned him away by waving a sign that said NO PETROL.

In all, he visited 10 filling stations.

The shortage comes in the wake of threats by the bulk oil distributors of an imminent fuel shortage that will rock the country.

The Chief Executive Officer of the Chamber of Bulk Oil Distribution Companies (BDC), Senyo Hosi, speaking on Eyewitness News said there was stock of fuel in Ghana, but it was being held until government pays the about Ghc1.5 billion it owes the chamber.

"There is stock available on the market, on the shores of Ghana; but it is just that it is on a financial hold. You pay, you get financial access to it from the international suppliers,” he said.

Mr. Hosi noted that the BDCs cannot buy because the banks are not ready to make credits available because they [BDCs] are "heavily indebted” to them.

He also revealed information he has showed that Ghana has "just about three days worth of stock.

He stated the situation can be resolved when the debts are paid them to allow the BDCs pay the international suppliers.

Source: citifmonline.com
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