Saturday, October 25, 2025
33 C
Gaborone

BERA Moves to Revoke Dormant Petroleum Import Licences

The Botswana Energy Regulatory Authority (BERA) has announced sweeping changes in the issuance and management of petroleum product import licences, citing widespread inactivity among licence holders and concerns over potential misuse.

In a press statement released yesterday, BERA said performance monitoring revealed that only a handful of licensed companies are actively importing petroleum products, despite the large number of licences issued since the regulator began operations in September 2017. The Authority also noted “disturbing allegations” that some dormant licences may be exploited in the market.

To address this, BERA has invoked Section 46 of the Botswana Energy Regulatory Authority Act, which empowers it to revoke unused licences. However, licence holders will first be given an opportunity to justify why their permits should not be withdrawn. All current import licence holders have been instructed to schedule meetings with the Authority through designated officers.

Further tightening the regulatory framework, BERA has introduced a new requirement that all applicants for petroleum import licences must demonstrate ownership or rental of a licensed storage facility. The Authority says this condition will ensure accountability and strengthen supply chain oversight.

Dr. Never Tshabang, BERA’s Chief Executive Officer, emphasised that the move aligns with the Authority’s mandate to regulate the energy sector effectively. “We are committed to ensuring that petroleum imports are conducted transparently and responsibly, safeguarding national supply security while protecting the integrity of the market,” he said.

The decision follows BERA’s ongoing monitoring of petroleum import volumes in collaboration with the Botswana Unified Revenue Service (BURS). Regulations enacted in 2024 already require importers to submit annual consumption projections, sourcing information, and volume reconciliations.

The new measures are expected to streamline the petroleum importation process and promote greater compliance within the sector.

Hot this week

President Boko’s Diplomatic Blitz Paves a New Path

President Duma Gideon Boko, taking office in November 2024...

Ministry of Child Welfare and Basic Education’s Refurbishment Plan

The Ministry of Child Welfare and Basic Education is...

Botswana Deepens Global Integration with Oman Partnership

In a significant move that underscores its commitment to...

The P6.6 Billion Commitment to Economic Transformation

Minister Jacob Kelebeng strategically charts an unprecedented journey involving...

Direct Cattle Purchase Scheme Promises a Fairer Deal for Ngamiland Farmers

The Botswana Meat Commission (BMC) is charting an ambitious...

Topics

President Boko’s Diplomatic Blitz Paves a New Path

President Duma Gideon Boko, taking office in November 2024...

Ministry of Child Welfare and Basic Education’s Refurbishment Plan

The Ministry of Child Welfare and Basic Education is...

Botswana Deepens Global Integration with Oman Partnership

In a significant move that underscores its commitment to...

The P6.6 Billion Commitment to Economic Transformation

Minister Jacob Kelebeng strategically charts an unprecedented journey involving...

Direct Cattle Purchase Scheme Promises a Fairer Deal for Ngamiland Farmers

The Botswana Meat Commission (BMC) is charting an ambitious...

Kgosi Malope Calls for Collective Action Against Gender-Based Violence

Chairperson of the Ntlo Ya Dikgosi (NYD), Kgosi Malope,...

Botswana Commits ‘Billion Pula’ Future to Secure Selebi Phikwe

The Government of Botswana has executed a bold, two-pronged...

Swedish CEO Hails Botswana’s Industrial Hemp Vision

The Chief Executive Officer of Swedish company Hemp Innovations,...
spot_img

Related Articles

Popular Categories