The prime minister has assured Parliament that a long term solution is being looked at in the form of an alternate fuel supplier, now that the current situation being faced with Puma Energy PNG is about to get worse.
However, Prime Minister James Marape said he was disappointed that despite a K2million put into funding a consultation, which included the Bank of Papua New Guinea (PNG) to look into what was the illegality of Puma’s existence in PNG, a final report has not been presented on the findings yet.
He said BPNG has yet to come forth with the reasons behind why the Bank continues to decline it’s services to Puma in terms of FX access.
He stated that with that still yet to be done, the issue with Puma will remain unresolved and thus, the issue with fuel supply to the country’s industries and services to the people will continue.
Marape says the aviation industry is one area that depends on Puma and the current situation is of grave concern.
Hence, Marape said Air Niugini under Kumul Consolidated Holdings (KCH) Limited, are looking at an alternative fuel supplier.
Meanwhile, Puma Energy just yesterday release a statement saying that the fuel distributor wil significantly reduce its services, meaning a major fuel crisis will be face soon unless the matter is seriously addressed right away.