Business and Finance
Buying of petrol in jerrycans banned as Govt. works towards stabilizing supply
The Malawi Energy Regulatory Authority (MERA) has with immediate effect, banned the buying of Petrol in jerrycans or drums from any Fuel Service Station across the country until further notice.
This is contained in a press release issued by the energy regulator dated 20th November 2024.
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“This decision has been arrived at to complement the efforts of fuel importers to restore the security of fuel supply in the shortest period. Any Fuel Service Station found, or reported to be selling Petrol in jerrycans will have its operating licence suspended immediately”. reads the notice.
In a statement issued on 19th November, Energy Minister Ibrahim Matola acknowledged how the fuel crisis has disrupted lives across the nation with parents struggling to transport children to school, businesses unable to operate at full capacity, and industries grappling with the impact on production and economic activities.
He indicated that he is acutely aware of the sleepless nights many motorists have endured in search of the commodity.
“Let me assure you that my nights have also been restless, as I work tirelessly with my team and holding emergency meetings with key stakeholders in the fuel supply chain, including major fuel importers, oil marketing companies, international suppliers, and our development partners. I am pleased to report that these intensive engagements are beginning to yield positive results toward stabilizing our fuel supply”. it reads
He outlined some of the measures taken to address the situation stating that multiple fuel vessels are currently being processed for offloading at the country’s ports of entry to ensure immediate availability.
“We have secured essential foreign exchange facilities for immediate fuel procurement.
“A 24/7 Crisis Response Technical Team is now operational to monitor supply chain disruptions and provide immediate responses around the clock.
“We are strengthening collaboration with our neighbouring countries to enhance regional fuel security and minimize supply disruptions”
He disclosed that the fuel supply chain involves complex international logistics and financial mechanisms adding that whilst working tirelessly on both immediate and lasting solutions, government is ensuring that its interventions are sustainable.
Matola further appealed to motorists to avoid panic buying saying it exacerbates the situation and creates unnecessary strain on supply
The Minister urged the public to report malpractices by alerting authorities to cases of hoarding, price manipulation and illegal fuel vending.
He applauded the nation’s patience during this challenging time which he indicated has not gone unnoticed.

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