UNOC Explains Mombasa First Import Diesel Discrepancy
Background
KAMPALA — The Uganda National Oil Company (UNOC) has clarified the discrepancy in diesel consignment destined for Uganda, citing higher local demand by Ugandan Oil Marketing Companies (OMCs) than initially agreed upon with Kenyan authorities. According to UNOC, the importation of petroleum products through Kenya is managed by the Supply Planning and Vessel Scheduling Committees.
Reason for Discrepancy
UNOC revealed that the higher demand for diesel in Uganda, especially by the OMCs, resulted in the discrepancy in the consignment that was imported through Mombasa. The company stated that the local consumption projections were not accurately communicated to the Kenyan authorities, leading to the shortfall of diesel supply.
Impact on Uganda
The discrepancy in the diesel consignment could have adverse effects on the fuel supply chain in Uganda. With the higher demand for diesel not being met, there could be potential shortages and price fluctuations in the market. This could impact businesses, transportation, and the overall economy of the country.
Impact on the World
While the diesel discrepancy may seem like a localized issue, it could have broader implications on the global fuel market. Any disruptions in supply chains can lead to price fluctuations and affect international trade. As Uganda relies on imported diesel, any discrepancies in supply could ripple through the global market.
Conclusion
In conclusion, the clarification provided by UNOC sheds light on the diesel import discrepancy and highlights the importance of accurate communication in the supply chain. It is crucial for all parties involved to ensure that demand projections are communicated effectively to prevent such discrepancies in the future.