Business
Errant petroleum firms to be shamed publicly
Publish Date: Jul 03, 2014
Errant petroleum firms to be shamed publicly
Vivo Energy Group Chief Executive officer Christian Chammas with Commissioner Petroleum Supply John Friday as the Vivo Energy Uganda Managing Director Hans Paulsen looks on at the Launch of the 10 million litre capacity tanks in Namuwongo. Photo by Nicholas Oneal
  • mail
  • img
newvision

By Billy Rwothungeyo

THE government is moving to publicly shame oil companies that fail tests in the Fuel Marking and Quality Monitoring Programme.

“Effective this month, all players who will fail the tests will in addition to paying the usual fines, be published in the print media and on the ministry’s website,” said John Friday, the Assistant Commissioner for Petroleum Supply in the Energy ministry.

Friday made the remarks on Thursday in Kampala at the commissioning of ten million litre capacity tanks by Vivo Energy Uganda, the firm that runs Shell service stations in Uganda.

The marking of fuel is mainly done at customs entry points of Malaba, Busia and Mutukula by the Uganda National Bureau of Standards (UNBS) in partnership with the ministry.

Vivo Energy Uganda Managing Director Hans Paulsen with the Vivo Energy Group Chief Executive officer Christian Chammas at the Launch. Photo by Nicholas Oneal

The adulteration, smuggling and dumping of transit fuel are rampant in the Ugandan market.

Saturday urged other firms to follow in Vivo’s capacity a boost their capacity of their storage facilities.

“Because we are landlocked, it is imperative that we have stable supply to avoid shortages,” he said.

He invited Vivo and other players to store their products in the recently refurbished government facilities in Jinja. The facility has a storage capacity of 30 million litres.

Commissioned in the 1970s, the reserve has been dilapidated since 2007 until Hared petroleum and government rehabilitated recently through a Public Private Partnership (PPP) arrangement.

Hans Paulsen, the Vivo Energy Uganda managing director said with the new facility, the firm has moved to 25 days of stock capacity.

The statements, comments, or opinions expressed through the use of New Vision Online are those of their respective authors, who are solely responsible for them, and do not necessarily represent the views held by the staff and management of New Vision Online.

New Vision Online reserves the right to moderate, publish or delete a post without warning or consultation with the author.Find out why we moderate comments. For any questions please contact digital@newvision.co.ug

  • mail
  • img
blog comments powered by Disqus
Also In This Section
Survey shows Greek referendum too close to call
Greece is almost evenly split over a crucial weekend referendum that could decide its financial fate....
Airtel hands over sh70m to Kitovu Hospital from Kabaka Run
Airtel Uganda has handed over the contributions that were collected during the Kabaka Run to contribute towards the fight against Fistula....
Embrace formal business operations for employment opportunities-Akampwera
Most Small and Medium Enterprises (SMEs') in Uganda do not have business records coupled with limitations to track down business progress....
Program to stimulate coffee production launched
COFFEE farmers are working out ways to lure a majority of youths back into growing the cash crop from the boda-boda business they have recently embraced...
Traders want ban on twisted iron bars delayed
HARDWARE traders in the Rwenzori region have asked Government to extend the deadline for the ban on sale of twisted iron bars for at least three more months...
Badagawa advises local businesses to emulate foreign counterparts
Gideon Badagawa, the executive director of the Private Sector Foundation of Uganda (PSFU) has advised businesses in Uganda to emulate the standards adhered to by foreign counterparts if they want share the same level of success....
Do you think Ugandan graduates are the worst in the region?
Yes
No
Can't Say
follow us
subscribe to our news letter