Search results for : gas
March 29, 2023
Gas retailer laments rent increase on top of govt's inflexible fuel margin
A petroleum retailer who operates four stations in New Providence said yesterday an "unconscionable" rent bill issued by Sol Petroleum Bahamas Limited for the Esso service station off the Six-Legged Roundabout coupled with the government's thus far inflexible position on a margin increase request could mean he would have to close two of his stations.
PM: We will reconsider gas margin increase
March 15, 2023
PM: We will reconsider gas margin increase
Prime Minister Philip Davis, who recently met with members of the Bahamas Petroleum Retailers Association, said yesterday the government is "rethinking" the retailers' plea for an increase in the fixed margin for fuel. Davis' comments came a day after the Office of the Prime Minister said the government was mindful of the retailers' request for ...
The post PM: We will reconsider gas margin increa...
Two Week Deadline for Gov't and Gas Retailers
March 14, 2023
Two Week Deadline for Gov't and Gas Retailers
NASSAU, BAHAMAS - Government is asking The Bahamas Petroleum Retailers Association for two weeks to come up with a resolution to their concerns.
Govt. Reviewing Gas Retailers' Proposal
March 14, 2023
Govt. Reviewing Gas Retailers' Proposal
NASSAU, BAHAMAS - The government is reviewing a proposal by the Bahamas Petroleum Retailers Association, to look for a solution along the supply chain that will satisfy the industry's plight.
PM: Meeting with Gas Retailers "Fruitful"
March 14, 2023
PM: Meeting with Gas Retailers "Fruitful"
NASSAU, BAHAMAS - Prime Minister Philip Davis says he is understanding of the concerns by gas retailers and has asked them to give the government another two weeks to assess the situation.
PM asks gas retailers to give govt two weeks
March 14, 2023
PM asks gas retailers to give govt two weeks
Prime Minister Philip Davis said he has asked members of the Bahamas Petroleum Retailers Association to give the government another two weeks to address their challenges. "The retailers do have serious issues in the concerning their survivability in the context of what's happening worldwide," Davis told reporters at the Office of the Prime Minister this ...
The post PM asks gas retailers to give g...
Gas retailers plea for govt change of heart
March 13, 2023
Gas retailers plea for govt change of heart
THE vice president of the Bahamas Petroleum Dealers Association is pleading with government to reconsider its position on not granting retailers a margin increase, calling on Economic Affairs Minister Michael Halkitis to have a "change of heart".
March 10, 2023
Govt 'sympathetic' to gas retailers plight but not minded to grant margin increase
ECONOMIC Affairs Minister Michael Halkitis yesterday said the government is "not minded" to do anything that will increase the cost of fuel at the pump, but added that the Davis administration is "sympathetic" to the concerns raised by members of the Bahamas Petroleum Retailers Association.
March 09, 2023
BPRA says 'stay tuned' as gas retailers soon to take action
MEMBERS of the Bahamas Petroleum Retailers Association (BPRA) say they intend to soon take action to get government's attention to their cries for a long-awaited margin increase, arguing that they can no longer afford to operate on the current margin regime due to increasing costs.
Gas retailers plan action
March 09, 2023
Gas retailers plan action
Members of the Bahamas Petroleum Retailers Association had an emergency meeting yesterday and reached agreement on action they will take in response to the non-response by the government to their request for a change in the margin, which dictates the level of profits they earn. After months of repeated appeals and warnings, Raymond Jones, association ...
The post Gas retailers plan action appeared...
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