The Energy Regulation Board – ERB says despite the fall of crude oil prices, no fuel adjustment was done in the last quarter because the kwacha depreciation cancelled out the benefits accrued.
ERB Executive Director Langiwe Lungu says possible adjustment may only be considered only after fresh feed stocks are imported in line with the current kwacha gain.
Ms. Lungu has also disclosed that fuel supply is expected to remain stable moving forward due to measures put in place by government.
She was speaking during a media briefing on the regulatory quarterly high lights.
