LPRC Rejects Gas shortage in Liberia

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LPRC Rejects Gas shortage in Liberia

IPNews-Monrovia: The Management of the Liberia Petroleum Refining Company (LPRC) wishes to inform the general public that there is sufficient quantity of fuel supply in the country to meet the domestic need.

An LPRC release this afternoon stated that this assurance comes in the wake of unsubstantiated information that there is shortage of petroleum products in the country. The LPRC Management is working along with the Ministry of Commerce & Industry to avert any attempt by importers, distributors or retailers to hoard petroleum products in order to create artificial shortage and a hike in the prices.

The public is requested to report any importer, distributor or retailer selling petroleum products above the approved pump price of US$ 3.80 and US$ 3.21 for diesel and gasoline respectively or their Liberian dollars equivalent using the Central Bank of Liberia exchange rate. Any importer, distributor or retailer found hoarding or selling products above the stipulated price will be dealt with in accordance with the law.

Again, LPRC is assuring the general public not to panic as there are adequate diesel and gasoline products in the country to meet the domestic needs.

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