Zimbabwe Energy Regulatory Authority (ZERA) has announced that it will soon introduce price controls on cooking gas.
The measure is aimed at containing prices of fuel for domestic use.
Speaking during a Zera workshop on Tuesday in Harare, Zera petroleum infrastructure engineer, Andrew Gurwill, revealed that the decision will set a price for smaller quantities of liquefied petroleum gas sold in domestic markets. Gurwill added:
Our gas industry is still in its infancy, so there was no appetite to regulate before because we wanted the sector to get more players.
Right now, we have many players, so we already have a structure and framework… and we will also be looking into the pricing.
The industry is regulated but the prices are not regulated. Prior to 2019, there were self-regulation frameworks and templates are already there…
Zimbabwe currently imports gas from South Africa, Mozambique and Zambia. The country’s porous borders have allowed gas smugglers to import gas even at undesignated entry points.
Within the country, several unlicenced gas dealers are selling gas in locations hence purring human lives and properties in danger.
Meanwhile, registered traders are overwhelmed by the demand to an extent that customers spend long hours in queues waiting to be served.
More: Daily News
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