The Energy Regulation Board (ERB) has reassured Zambians that the country currently has a sufficient fuel stock to meet national demand, despite ongoing logistical challenges. Speaking to the press, ERB Director General Engineer Elijah Sichone reported that Zambia’s diesel reserves as of last week stood at a healthy 34.5 million liters. This reserve, Sichone noted, is well above the country’s daily diesel consumption, which sits at approximately 3.8 million liters. Similarly, the petrol supply is stable, with reserves totaling 9.6 million liters, comfortably covering the 1.6 million liters demanded daily.
Engineer Sichone’s address aimed to alleviate public concerns regarding fuel availability, especially in light of disruptions in the region. However, he acknowledged that recent transit regulations introduced by neighboring Zimbabwe have created obstacles in the fuel importation process. The Zimbabwean government has imposed new transit rules that redirect fuel tankers traveling through the country, requiring them to use the Chanida border post, a route that adds both distance and time to the journey. The extended route has contributed to delays in fuel transportation, particularly affecting the timely restocking of diesel and petrol across Zambia.
Despite these hurdles, Sichone assured the public that the ERB is actively coordinating with oil marketing companies to mitigate potential fuel distribution issues within Zambia. Talks are underway to ensure that retail sites across the nation continue to receive regular fuel supplies, helping to stabilize the domestic market. The Director General emphasized that the ERB is fully committed to addressing these logistical challenges, working closely with the oil marketing industry to find solutions that will keep fuel stations adequately stocked.
The ERB’s proactive measures aim to maintain a reliable fuel supply in Zambia and prevent any potential disruptions that could impact the economy and daily life. By engaging with oil marketing companies and monitoring stock levels closely, the ERB seeks to uphold its mandate to ensure energy security and consumer confidence amid the changing regional dynamics.
By Prudence Chota