THE Zimbabwe Energy Regulatory Authority (Zera) has given fuel industry players a 60-day ultimatum to clear all their unleaded stocks and put correct labelling of all ethanol blends, failing which licences will be revoked.
Business Reporter
This follows the recent introduction of mandatory blending of ethanol (E5).
Speaking at a Zera stakeholders meeting in Harare yesterday, Zera chief executive officer Gloria Magombo said the petroleum sector was expected to comply with the new law.
“We are allowing you time to clear all your stocks, so that after 60 days when we come to your sites we expect you to have E5, not unleaded or E10, but we expect to have a blend on your site especially the E5 as a replacement for unleaded,” Magombo said.
She said the 60-day period did not mean the petroleum sector had to wait until the deadline to comply, but players had to take steps immediately to ensure compliance before deadline.
Magombo said Zera would early next month conduct a preliminary check-up of all service stations to see how many would have complied.
“Let’s make sure we sell the right products.We will keep our surveillances and if you do not conform, you will lose your licence,” Magombo said.
