The Ministry of Commerce in Cambodia has sent out a public appeal to all citizens and fuel station owners to desist from hoarding fuel in an attempt to maintain a stable supply chain throughout the country. The public notice, issued on the 6th of March, further implores strict adherence to safety standards when selling and storing petroleum products, as a measure to mitigate any potential safety hazards.
The Ministry stressed on the importance of risk management in the processes of buying, selling, and storing fuel. This is deemed critical to protect consumers and preempt any accidents that could potentially result from unsafe storage practices. It also highlighted that improper or excessive storage of fuel can lead to severe risks, such as fire hazards that could pose a threat to properties and community safety.
In the public notice, the Ministry further urged the citizenry to use fuel responsibly and refrain from panic buying or unnecessary stockpiling of fuel. The notice cautions that excessive storage could lead to unwarranted safety challenges.
Simultaneously, officials from the Ministry’s General Department of Consumer Protection, Competition and Fraud Repression, in collaboration with provincial and municipal commerce departments and local offices of the Ministry of Mines and Energy, are conducting regular inspections of fuel stations across the country. These checks aim to ensure that the stations are in compliance with technical standards, maintain fair practices in fuel sales and proactively prevent any cases of opportunistic price manipulation or irregular price hikes.
What measures are being taken by the Cambodian Ministry of Commerce to ensure a stable fuel supply?
The Ministry has issued a public notice urging the citizens and fuel station operators to avoid hoarding fuel and to adhere to safety standards when selling and storing petroleum products.
What is the importance of risk management in the fuel trade as highlighted by the Ministry?
The Ministry emphasizes that proper risk management in buying, selling, and storing fuel is critical to protect consumers and prevent accidents arising from unsafe storage practices.
What is the purpose of continual inspections of fuel stations?
The ongoing inspections by ministry officials aim to ensure that fuel stations comply with technical standards, maintain fair practices in fuel sales, and prevent opportunistic price manipulation or irregular price increases.
