News / National
Fuel dealers given 10 days to comply
23 Oct 2013 at 14:44hrs | Views
The Zimbabwe Energy Regulatory Authority (ZERA) has extended a grace period of 10 days for fuel importers to clear their current stock and to comply with the legislation that paves way for 10 percent mandatory blending.
With the mandatory blending of ethanol having been increased from five to 10 percent following the gazetting of the Statutory Instrument 147A of 2013 on the 16th of October, ZERA has urged fuel dealers to comply with the provisions of the statutory instrument.
In a statement, ZERA CEO, Engineer Gloria Magombo announced that wholesalers and retailers have up to 10 days to clear their stocks after which all licensees in the petroleum sector will be expected to comply with the provisions of Statutory Instrument 147A of 2013.
Eng. Magombo also said the quality specification of E10 fuel conforms to the Standards Association of Zimbabwe (SAZ) requirements.
The energy regulatory authority says it will scale up monitoring and surveillance of all service stations in the country to ensure compliance with the new regulations and fuel quality standards as well as prices.
Experts say Zimbabwe will derive substantial benefits from the ethanol blending in terms of employment creation and reduction in the fuel export bill.
The country is set to save at least US$4 million every month in imports.
With the mandatory blending of ethanol having been increased from five to 10 percent following the gazetting of the Statutory Instrument 147A of 2013 on the 16th of October, ZERA has urged fuel dealers to comply with the provisions of the statutory instrument.
In a statement, ZERA CEO, Engineer Gloria Magombo announced that wholesalers and retailers have up to 10 days to clear their stocks after which all licensees in the petroleum sector will be expected to comply with the provisions of Statutory Instrument 147A of 2013.
Eng. Magombo also said the quality specification of E10 fuel conforms to the Standards Association of Zimbabwe (SAZ) requirements.
The energy regulatory authority says it will scale up monitoring and surveillance of all service stations in the country to ensure compliance with the new regulations and fuel quality standards as well as prices.
Experts say Zimbabwe will derive substantial benefits from the ethanol blending in terms of employment creation and reduction in the fuel export bill.
The country is set to save at least US$4 million every month in imports.
Source - zbc
