The Managing Director and Chairman of Puma Energy Papua New Guinea, Hulala Tokome has announced in a media statement that the company will commence fuel rationing in the country as of Thursday the 5th of October, 2023. The nation’s fuel giant regrettably has been left with no option but to commence fuel rationing to extend remaining fuel stock due to the lack of sufficient foreign exchange funds in US Dollars being made available to the company by the Bank of Papua New Guinea (BPNG) in the month of September. Tokome announced that this has set restrictions on the company’s ability to purchase fuel products on the international markets to meet the fuel demand in Papua New Guinea. “Puma Energy must commence the rationing of fuel to extend the availability of remaining stocks for emergency services, hospitals and critical infrastructure, such as power generation.” “We have taken steps to inform our customers to limit the impact on their business and the community as much as possible.” Meanwhile Puma energy further sincerely apologized to its valued customers as the company was urgently attempting to work with all its stakeholders with intent to return fuel supply activities back to normal as soon as the issues were resolved. “We apologize for the inconvenience and sincerely appreciate everyone’s patience and understanding during this difficult time.”