01 October 2016, Dar es Salaam – Petroleum Bulk Procurement Agency (PBPA) has rolled-out cargo by cargo tender system of fuel importation for November delivery that witnessed falling costs.
This is a single product tendering system where petroleum products importers bid to supply Diesel, petrol and Jet fuel and kerosine separately.
The PBPA Acting Executive Director, Mr Michael Mjinja, said in Dar es Salaam yesterday that in just the first day of the tendering system, figures put forward by bidders are down compared to the old system.
“It is very much encouraging for the country when looking at the tendering numbers put forward by importers particularly tender winners,” he said in his closing remarks after the tender committee chairman Mr Ali Ahmed declared the successful bidders of cargo by cargo.
He said the declining importation costs may be translated into falling fuel prices in December only if global oil prices remain low.Company that emerged successful at the cargo by cargo tender meeting is Addax Energy SA for delivering 78,284 metric tonnes of gasoil at 18.990 US dollars per metric tonnes and 14.970 US dollars per metric tonnes for cargo I&II respectively.
- Tanzania Daily News