HomeNewsEnergy ministry cracks whip on unlicensed oil companies

Energy ministry cracks whip on unlicensed oil companies

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The Ministry of Energy and Power Development has said it will soon crack the whip on oil companies and wholesalers that continue to operate without licences.

The deadline for registration of oil companies and wholesalers was February 1.

Fuel retailers are expected to submit a list of their retail sites by the end of the day on Monday.

Energy and Power Development minister Elton Mangoma told NewsDay his ministry was contemplating instituting legal action against companies operating illegally.

“Those companies that failed to register have automatically de-registered themselves,” said Mangoma.

An importer’s licence is $20 000 while that of wholesalers is $8 000.

Retailers in urban areas are being charged $500 while those operating in rural areas are required to pay $200.

Mangoma said despite the lapsing of the deadline the ministry would continue accepting new registrations.

“No one can operate or import fuel without a licence. There is no way one can be a fuel retailer without a licence,” Mangoma said.

He said officials from the ministry would soon conduct an outlet tracking exercise to check on compliance.

In its press notice the Ministry of Energy said:

“Companies that are not registered by this date (February 1) shall not be allowed to continue”.

Motor Traders’ Association president Misheck Nyamupingidza said they had since provided all required information on fuel retailers to the government.

“We understand, they are going to visit every retail outlet before issuing a new licence granting permission to continue operating.”

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