LILONGWE-(MaraviPost)-The National Oil Company of Malawi (NOCMA) has assured the general public that the country has sufficient fuel stocks to meet national demand.
This update follows recent fuel shortages in parts of the southern region and at several stations in Lilongwe, caused by forex challenges affecting fuel importers
NOCMA Spokesperson Raymond Likambale told The Maravi Post that all suppliers are loading fuel in designated places.
He added that the country is expecting additional stock of nine million litres of petrol and 3 million litres of diesel by early next week.
Likambale added that NOCMA is working on a financing mechanism that will help ease foreign exchange challenges with a financing agreement in place.
There has been reports of panic buying and fuel scarcity in some parts of the country this week.