Haiti - FLASH : Increasing fuel scarcity at the pump, anger rumbles
We learned that the BMPAD Friday made a payment of $20 million to the oil company, but the latter continued to refuse to deliver its 150,000 barrels of gas because arrears still amount to nearly 40 million. The company demands from the Haitian Government guarantees, a written commitment to pay its debts...
On Friday, long lines of vehicles of angry motorists, stretched before the few gas stations still having gas, assaulted by ten motorcycle taxi, cans in hand trying to reach the pumps in the hope a little precious fuel, which sells on the black market at twice its price for those who can pay...
Note that diesel is not yet affected at this stage even if stocks are becoming lower, which nevertheless causes significant traffic jams in Port-au-Prince, all seeking to stock up...
Despite the obvious scarcity situation that the BMPAD rather qualifies as "artificial scarcity", which has lasted for almost a week, Ignace Saint Fleur, very aware of the real situation, told Friday afternoon as if nothing was "Another boat will arrive in the evening of Saturday [...] By Monday, the market will begin to be supplie...d"
To be continued…
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