Government officials suspect the developments are tied to an illicit cross-border fuel trade. - Advertisement -The contraband fuel trade was also the subject of a round of parliamentary discussions earlier this week. Lawmakers are readying to ratify legislation that would tighten restrictions around the opening and operation of pumping stations. The ‘Petroleum Products Marketing’ Proclamation will raise thresholds for acquiring a license in the fuel business. Existing distributors and players in the fuel trade have lashed out at the legislation for what they argue are unrealistic investment expectations.

Source: Ethiopian News June 15, 2024 20:21 UTC