Liberiaâ€™s commerce minister, Wilson Tarpeh, has informed the House of Representatives that there will be a serious shortage of gasoline on the Liberian market in the coming weeks.
The gasoline shortage which caused a major crisis across Liberia, appears to have abated as retailers nationwide are receiving adequate supplies and pumping them out to the general public.
For the first time since the crisis began, the Liberian government has officially acknowledged that there is an acute shortage of gasoline in the country following weeks of denial and shifting blames. Across the country, fillings stations have run dry, and long queues of motorists have formed everywhere petroleum products used to be sold.
Liberiaâ€™s commerce and industry minister, Wilson Tarpeh, and the managing director of the Liberia Petroleum Refinery Corporation, Marie Urey Coleman, appeared together on Tuesday, Feb. 4 before theÂ House of Representatives to explain the ongoing gasoline shortage on the market.
The price of petroleum products such as gasoline and diesel has increased sharply on the Liberian market.
Across Monrovia, the gas stations of major distributors of petroleum products have been shut, with signs placed at the fueling stations noting that the stations are out of the key commodity.
The Liberian government, through the Liberia Petroleum Refinery Corporation and Ministry of Commerce, has dropped the prices of gasoline and fuel oil on the local market by US$0.10.