“No artificial shortage,” LPRC declaresAs of Wednesday, Nov. 29, several petroleum products service stations started hoarding gasoline and diesel fuel in many parts of Monrovia and Paynesville cities due increase of the commodity at the Liberia Petroleum Refining Company (LPRC). “I visited three gas stations early this morning (yesterday) and dealers of the products told they do not gas and diesel fuel in stock at the time,” asserted. Mr. Kromah also stressed the need for government to take practical steps and swiftly address the current escalation in the prices of petroleum products as Liberians are already encountering financial difficulties. On a tour of the Paynesville commercial district, several gas stations and retail sellers have allegedly hidden the petroleum products and started selling the commodity at very high prices. In a statement released on Sunday afternoon, the Liberia Petroleum Refining Company (LPRC) expressed concern about reports “being promulgated by some unscrupulous individuals that there is a shortage of petroleum products on the Liberian market.

Source: Daily Observer December 05, 2017 02:15 UTC