Cameroon Limbe - Home to SONARA, Cameroon Oil Refinery
Yaounde, Cameroon Africa(Cameroon News) -
The people of Cameroon need no long worry about fuel as SONARA guarantees to produce fuel that is over and above what the country actually needs.
The government of Cameroon has guaranteed the public that the country’s National Refining Corporation (SONARA) will at the time of optimum production have a capacity of 200,000 tons of refined products per month which would go beyond the requirements of the Cameroonian market. The General Manager of SONARA, Charles Metouck issued he guarantee in Yaounde, May 13, in response to the information released by a petroleum products distributing company who issued a forewarning indicating that there would be a shortage in fuel supply.
Prime Minister, Head of Government Philemon Yang called together a meeting of major players in the petroleum sector to look into the impending issues that the sector is likely to face and to assess the probability of shortage by looking at the stocks of petroleum products in the country in comparison to their prices.
The General Manager of SONARA, Charles Metouck informed the press after the meeting that he never dispatched a letter to the company who had been given the responsibility of storage and distribution of petroleum products, SCDP which indicated that there is likelihood for a fuel short supply as the distribution company has accused him of.
He admitted that there was a minor issue with the stock that SONARA has to manage with SCDP and the distributing company.” We want to assure the public that there is no risk of shortage in petroleum products and SONARA will continue to function at 100 per cent as the government has taken all measures to enable the corporation carry our its mission”, the General Manager said.
Government has been making moves to give out subventions to SONARA to give it a chance to improve its present financial condition to satisfy the impending requirements of ordering crude oil, processing and supplying the market, the Secretary General of the Ministry of Energy and Water Resources, Fritz Gerard Nasako told the press after the meeting at the Prime Minister’s Office.
He said SCDP has the capacity to take in the petroleum products, but the only issue was that certain mechanisms need to be better tuned so as to transport the products from SCDP to the far off regions of the country and the fuel storage capacity of SCDP also required to be ramped up.
Mr Nasako also said that there was a requirement to also work on the pricing strategy of petroleum products pointing out that, “There is no increase in the prices of products”. He said, “The pricing mechanism has to be perfected to look for ways of reducing them and also bringing the subsidies more affordable for the government”.
Prime Minister Philemon Yang, the General Manager of SONARA said, that the petroleum products supply programme be adhered to, stating that SONARA has accepted the commitment to improve the transportation logistics capacity of the products.
