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Fuel and business climate crisis: the multinational Total in trouble

11/10/2022
Categories: Raw materials

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Due to lack of fuel, more than half of Total stations in the Central African Republic are now shut down. The Bangui stations alone are operating, but in turn.

It is now difficult or impossible to get fuel at Total stations in the Central African Republic. Those that continue to function open in turn according to available stocks. This shows endless queues of dissatisfied motorists, transporters and motorcycle taxis. The sale has been going on at a loss for months. The price of a liter of gasoline is 865 francs at the pump, and it costs the supplier 30 to 40% more. However, the state subsidizing the difference has registered a debt of millions of euros to date. The company is accused by organizations close to the authorities, and even some members of the government, of being at the root of the shortage.

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