In a press release issued today, the Petroleum Regulatory Agency (PRA) addressed concerns about the availability of petroleum products following queues at some retail outlets in major cities.
The PRA attributed the situation to a routine pipeline maintenance that was temporarily halted over the weekend, disrupting the normal supply chain.
According to the PRA, the pipeline maintenance has been successfully completed overnight, with engineering work resuming immediately after the situation improved.
Petroleum products have been swiftly transferred to various fuel terminals, including NP SL, LeonOil & Conex Energy. Full trucking operations are currently underway at the respective installations.
The PRA reassures the public that there will be an ample stock of petroleum products available, extending beyond the festive period. The agency strongly advises against speculative or panic buying, emphasizing the stability of the supply chain.
“Pump prices will remain unchanged at NLe30 per litre throughout Sierra Leone, considering the current import parity and downstream pricing structure,” the PRA states.
In a stern warning, the agency cautions notorious petroleum hoarders to cease their illegal activities or face severe penalties, including the cancellation of operating licenses.
With the completion of pipeline maintenance and proactive measures in place, the Petroleum Regulatory Agency assures the public of a steady and uninterrupted supply of petroleum products.