By Own Correspondent| Players in the oil industry have submitted requests to government seeking authority to sell fuel in foreign currency, the industry regulator has revealed.

Zimbabwe Energy Regulatory Authority (Zera) acting CEO Eddington Mazambani disclosed that proposals had been made to the Energy ministry but the requests were still under consideration.

Mazambani said this when he appeared before the Joel Gabbuza-led Parliamentary Portfolio Committee on Energy to speak about the fuel situation in the country.

He said the proposal to sell in US dollars had not yet been given a nod, adding however that it was not reasonable for ordinary Zimbabweans who earned their money in RTGS to buy fuel in forex.

Said Mazambani:

“There has been a proposal that some fuel service stations should sell it in forex, and one of the major players in the oil industry, Zuva, has already piloted the project at two service stations (Zuva Victoria Falls and Zuva Groombridge).

We have already sent a proposal to the Ministry of Energy to consider more players to sell fuel in foreign currency so that we ease the pressure on the Reserve Bank of Zimbabwe (RBZ) in terms of allocating foreign currency for the procurement of fuel.”-Standard