Our investigation concluded that the 50,651 metric tons, or 76% reduction in gasoline importation for the first seven months of this fiscal year, is the primary reason for the acute gasoline shortage recently experienced in Liberia. Interestingly, our investigation discovered that for the first seven months of the past fiscal period (July 2018 – January 2019), gasoline importation into LPRC was 66,895 metric tons. In effect, the gasoline importation for the first seven months of this fiscal year dropped by at least 76% (50,651 metric tons)4. Importers Stock And Tank VariancesAn issue of concern was the variance in LPRC tanks and on the books of importers. Wilson Tarpeh, indicating amidst the shortage that the importers’ gasoline stock was at variance with the physical stock in the LPRC Tanks.

Source: Front Page Africa February 28, 2020 06:45 UTC