Addis Ababa Trade Bureau nullified 11 gas stations’ trading permits that are accused for the current shortage of fuel in the capital of Ethiopia.

In the past few days and to this day, Addis Ababa and several other cities across the country are faced with critical shortage of fuel.

In addition to the nullifying trading permits, the Bureau is considering measures it can take against fuel transport businesses that are deliberately delaying shipment till the price of oil is fixed.

According to the State Minister for Trade, Ali Siraj, the main problem is caused by multinational oil importing companies. The Ministry has issued several cautionary messages to these companies and if they fail to rectify the error, they will be put out of the market.

According to Fana Broadcasting Corporate, currently there are 200 fuel tracks on the Port of Djibouti for the purpose of transporting fuel to Ethiopia in order to address the problem. In addition to this, companies are allowed to borrow fuel from companies with surplus.

Source: Fana Broadcasting Corporate