Equatorial Guinea VP demands fuel distribution plan
The vice president has ordered Gepetrol to create a master plan within 48 hours to end the country's fuel crisis.
Equatorial Guinea's vice president has demanded a comprehensive master plan from state oil company Gepetrol to resolve the ongoing fuel crisis. He described the current situation, with multiple distributors simultaneously lacking fuel, as an unacceptable systemic failure. The vice president has given Gepetrol 48 hours to present a definitive plan aimed at preventing future shortages.
The proposed strategy includes increasing fuel purchase volumes in the short term, reclaiming leased storage tanks, and constructing new, larger facilities to expand national reserves. In the long term, the government plans to build a national refinery to ensure domestic supply and serve partner countries in the subregion. The goal is to establish Gepetrol as the central hub for national fuel distribution, allowing both domestic companies and neighboring countries to purchase fuel directly.
To inform these decisions, Gepetrol and the Ministry of Mines will analyze five years of national fuel consumption data. The vice president also proposed exporting small quantities of crude oil for refining in neighboring countries to minimize costs and increase revenue. These measures aim to strengthen Gepetrol's capacity to manage crises and supply both domestic and regional partners.
Why it mattersThe vice president's actions directly affect the government's ability to manage national resources and ensure the stable distribution of fuel to its citizens.