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Update news fuel supply
The ongoing short supply of gasoline on the local market is an unusual phenomenon, requiring higher responsibility from the relevant ministries and agencies, National Assembly (NA) deputies told local reporters today, November 2.
From 10 a.m. on October 31, the scene of people waiting in line to buy gasoline happened again in the inner city and the suburbs of Ho Chi Minh City. Some gas stations said they ran out of fuel or sold gasoline at a limit.
The Government Inspectorate has decided to launch inspections of 15 major fuel trading companies and two oil refineries following the recent fuel retail market chaos in multiple southern provinces, the local media reported.
Domestic fuel supply in the second quarter of 2022 is set to amount to some 6.7 million cubic meters, fully meeting the demand for consumption estimated at nearly 5.2 million cubic meters of fuels, according to the Ministry of Industry and Trade.