African governments face stark choices over fuel prices as sanctions on Russian oil disrupt global markets for energy, according to one of the continent’s key suppliers. “There is no doubt that this has a disproportionate impact on the economies of Africa,” Fadi Mitri, head of Africa for Puma Energy, the fuel distributing subsidiary of Trafigura Group, said in an interview. Puma operates retail fuel stations in seventeen countries on the continent and acts as a major distributor. Mitri’s comments are a reminder developing nations face a far bigger challenge meeting rising fuel bills than wealthy countries do.
from Engineering News | Home https://ift.tt/obtTKe9
