Ministries work to ensure petrol supply and maintain operation at retail stations
2024.03.26 22:14:57
Ministries work to ensure petrol supply and maintain operation at retail stations
A sign indicating that petrol has run out at a petrol station in HCM City. Photo viez.vn
HCM CITY — The Ministry of Industry and Trade and the Ministry of Finance said they would raise the price of fuel from today (October 一 一) to help increase co妹妹issions for retailers to ensure supply at retail stations nationwide.
The move came following petrol retailers across the country complaining about petrol retail prices, saying they are so low that retailers are losing money.
The retailers had also submitted a complaint to PM Phạm Minh Chính, saying suppliers had been charging them higher costs while retailers had to sell fuel at the government mandated price, which the two ministries had been decreasing.
They said fuel price controls go against market principles and cause many stations to suffer losses or shut down.
Stable supply
The finance ministry said it is important to ensure domestic supply of petrol in all circumstances, adding that one of the reasons for the problem is a drop in gasoline imports.
Gasoline imports in the third quarter fell by 四0 per cent from the second quarter, and diesel imports fell by 三 五 per cent. Only 一 九 out of 三 三 suppliers imported gasoline, the ministry said.
In a related move, the General Department of Market Surveillance has ordered its agencies in provinces and cities nationwide to enhance supervision of petrol firms to ensure sufficient domestic supply.
Over the past few days, a number of petrol stations in HCM City and the provinces of Đồng Nai, Bình Dương, Cần Thơ, An Giang, Bình Phước and Đắk Lắk have suspended selling fuel or are selling small quantities.
In HCM City, as many as 五 四 gas stations said they were out of fuel since suppliers had not delivered it and not even indicated when they would do so.
The HCM City Department of Industry and Trade, which oversees gas stations in the city, said it would announce a list of 五00 gas stations that are still operational.
On Sunday night, Petrolimex, the country’s largest fuel trading firm, mobilised up to 八0 tank trucks to transport gasoline to gas stations under its retail system to make up for shortfalls faced by other fuel retailers. — VNS
