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Post Reporter
TOUTING petroleum products on social media is unlawful as this violates regulations and licence conditions, the Zimbabwe Energy Regulatory Authority (ZERA) has warned unlicenced fuel dealers.
This comes in the wake of activity in the trade of petroleum products the energy sector regulator has described as being done without relevant licences.
Only a licenced petroleum company is allowed to produce or sell petroleum products in the country in terms of the Petroleum Act.
In a statement, ZERA said fuel retailers who buy petroleum products from unlicenced wholesalers risk having their licences cancelled.
“It has come to the attention of the Zimbabwe Energy Regulatory Authority (ZERA) that there are some illegal fuel dealers offering fuel for sale to retailers and the public via social media. Trade in petroleum products is a regulated activity which must be conducted in terms of relevant licences and licence conditions.
“Therefore, be advised that it is a serious offence for any unlicenced company to carry out an activity in the petroleum industry without the requisite licence. It is a breach of licence conditions for a licenced petroleum retail company to buy petroleum products from a company that is not licenced to procure, import or wholesale petroleum products,” reads the statement.
ZERA warned that those found trading in fuel without licences will be prosecuted.
The energy sector regulator urged petroleum retail companies to carry out due diligence by engaging ZERA to verify the authenticity of any company that may be offering fuel for sale in a suspicious manner.
Online Reporter