RESS RELEASE

March 7 , 2018    

                             THERE IS NO FUEL SHORTAGE IN LIBERIA
 

 The Management of the Liberia Petroleum Refining Company has learned with   surprise and shock the news being promulgated by some unscrupulous individuals that there is a shortage of petroleum products on the Liberian market

The LPRC management would like to inform the public  that the information being propagated  has no flavor of truth,  and therefore wishes to make it clear that  there is over 4 million gallons of mixed petroleum products in its shore tanks  capable of sufficiently and adequately  serving the Liberian Market for over two months. Additionally, there are two petroleum vessels, MT- BW Kestrel  and MT Barracuda, respectively berthed at the  LPRC Oil jetty and the Conex Terminal near the China Union wharf with over 3 million gallons of mixed products.

The management says while it may not know the actual intend of those spreading this level of falsehood, its team is working along with the Ministry of Commerce & Industry to avert any attempt by filling stations or individuals to hoard petroleum products in order to create artificial shortage and a hike in  the prices.

The public is requested to report any individual/ filling station selling petroleum products above the approved pump price of US$ 3.37 or its Liberian dollar equivalent of LDR 440.00 for gasoline and US$3.44 or its Liberian dollar equivalent of LDR 450.00 for fuel oil.

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

 Published by Authority of the PUBLIC RELATIONS SECTION
Liberia Petroleum Refining Company