Governor Parkop: “No need for panic- adequate fuel supply assured”

NCD Governor Powes Parkop has reassured residents and corporate stakeholders that there is no shortage of fuel in Port Moresby or across Papua New Guinea.

Governor Parkop emphasized that, in close consultation with Prime Minister James Marape, he has received firm assurances that fuel supplies remain adequate and that temporary disruptions are being swiftly addressed.

“There is no shortage of fuel. There might be a price issue, but it will be fixed today. These are the assurances I have been given by the Prime Minister,” Governor Parkop said.

He explained that rumors of shortages may have stemmed from the Government’s ongoing efforts to maintain fuel prices at April levels. Prime Minister Marape confirmed to Governor Parkop this morning that K300 million of the K1 billion subsidy has already been released to stabilize prices.

“Getting the subsidy to suppliers to maintain April prices may have affected some fuel supplies, leading to the rumor. I am assured this will be resolved today and all supplies will continue at April price levels,” Governor Parkop said.

Governor Parkop further noted that key ministers are working tirelessly with Treasury, ICCC and the fuel importers to ensure all impediments are cleared promptly.