Fuel crisis looming

Staff members of PNG Puma have been told that the country is likely to run out of petrol in the coming weeks as the company winds down its supply to the country.

A staff member told LOOP News that they were briefed last week that the company had made a decision to stop supplying petrol over the weekend.

LOOP News tried unsuccessfully to get confirmation from PNG Puma management today.

However a statement on this is expected today ( Monday}.

It is understood Puma has been negotiating with the government over K4 billion in taxes it has been asked to pay for crude oil it imports into the country.

Recently about 50 staff from Puma were asked to stay at home as the company continues to find solutions to its financial  issues. 

Joy Kisselpar