Dear Editor,
The article captioned “Guyoil fuel dealers feeling the squeeze…’ was featured in Kaieteur News’ Thursday, Jan 8 edition, whereby a Guyoil dealer complained about not getting an adequate supply of fuel because of the mismanagement of the company.
All the oil companies in Guyana (Guyoil, Sol, Rubis) are affected by a shortage of gasoline at the refineries. This problem has been further exacerbated by the long delays of oil vessels at the refineries over the Christmas holiday season.
During 2014 Guyoil was supplied with some 60,000 bbls (2,100,000 gallons) of gasoline below their nominated volumes at the refineries. During this same period Guyoil’s pump price ranged from $45/gl to $100/gl below that of the competition. With supply constraints at the refineries and selling at very competitive prices on the local market, management faced great challenges in meeting the demands of the local market, and these challenges have been explained to our dealers, time and again.
Management will continue in its efforts to provide low priced fuel to the local market and look forward to the dealers being reasonable in times of supply challenges.
Yours faithfully,
Badrie Persaud
Managing Director
Guyoil
