Brega Oil Marketing Company confirmed today that it will continue to work around the clock to secure the supply of diesel fuel, as it covers the entire needs of the General Electricity Company of Libya (GECOL) for diesel products. This supply comes in support of power generating stations and contributes to enhancing the stability of the electrical system, it added.
Brega's undertaking comes as Libya is experiencing acute and increasing power cuts since mid-June, including blackouts. This comes after two years of relevant improvement in power supplies and huge budgets being allocated to sector by the Abd Alhamid Aldabaiba Tripoli based Libyan government.
Continuing supply of diesel to other consumers
Brega further revealed that it also continues to meet the needs of major consumers of factories, companies and production facilities, despite the significant increase in demand for diesel as a backup fuel for power plants in light of the low supply of natural gas.
Power cuts not only the result of fuel shortages
The company explained that ensuring fuel supplies is one of the elements of the operation of the electricity system. However, Brega stressed that the stability of the network depends on an integrated system that includes the availability of natural gas, the readiness of generating units, maintenance work, transmission and distribution networks, and other technical factors.
Industrial use of diesel at peak times increasing pressure on supplies
The company also pointed out that it has been observed that some industrial facilities during peak hours, during which the tariff of electricity consumption per kilowatt rises, rely on the operation of their own generators using diesel fuel, as it is in some cases less expensive compared to the electricity tariff during this period. This use of diesel-run generators comes despite the availability of electricity, which leads to an increase in diesel consumption rates and pressure on the supply system.
Optimal use of subsidised diesel to achieve the public interest
Accordingly, Brega called on the competent regulatory authorities, especially the Municipal Guard Authority, to follow up on the fuel consumption patterns of these facilities, in order to ensure the optimal use of resources and achieve the public interest.
Balancing GECOL’s needs v rest of vital sectors
Brega also hopes that the GECOL will take into account the exceptional conditions of the supply system when determining and ordering the quantities of diesel fuel. It hopes that the needs estimates will be based on accurate operational bases that reflect the actual need of the plants, with the scheduling of daily withdrawals according to the allocated monthly quantities. This, it added, is in order to achieve a balance between the needs of the power stations and the rest of the vital sectors.
Brega to continue finding sustainable solutions to all sectors
Brega, in coordination with the National Oil Corporation (NOC) and the relevant authorities, confirmed that it will continue to work on finding sustainable solutions that enhance the stability of the supply system and cover the needs of various sectors according to well-thought-out plans.
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