Uganda assures citizens of stable fuel supply, warns against hoarding

Africa, Business

KAMPALA, Uganda (NPA) — The Government of Uganda has assured citizens that the country’s fuel supply remains stable, secure, and firmly under control.

This assurance was given by Ruth Nankabirwa Ssentamu, Minister of Energy and Mineral Development, in a statement on Tuesday. She noted that Uganda’s fuel supply is managed through her ministry and the Uganda National Oil Company (UNOC), which is mandated to sustainably develop and manage the state’s commercial interests in the petroleum sector.

Ssentamu said Uganda maintains robust stock levels and a strong import pipeline, with more than 385 million litres of fuel scheduled between May and mid‑June.

She reminded Oil Marketing Companies (OMCs) that isolated station‑level stock‑outs are operational issues, not national shortages, warning that any OMC found hoarding fuel will have its license revoked.

The minister reiterated that compliance with distribution guidelines, pricing discipline, and responsible stock management is mandatory. “Government will continue strict enforcement against hoarding, speculative pricing, and illicit trade to protect market stability,” she said.