The Zambian government has said it will abandon the current 30-day pricing cycle for petroleum products and instead move to a 90-day review period, reversing a policy that was set late last year.
However, the Energy Regulation Board (ERB) has told African Energy that changing the price review mechanism cannot happen “overnight” and a number of issues need to be assessed before the current 30-day cycle can be discarded.
Subscriber only content
An active subscription is required to view this article
Subscribe to African Energy