By the Respondents reporter
DODOMA, Tanzania — Tanzania's Petroleum Bulk Procurement Agency (PBPA) says its M+2 fuel procurement system has helped maintain uninterrupted fuel supplies despite global conflicts and other disruptions affecting international energy markets.
Speaking during the sixth day of the ongoing Nanenane Agricultural Exhibition in Dodoma, PBPA engineer Rehema Mahundi said the agency's forward-planning procurement model has strengthened the country's energy security by ensuring petroleum products are secured well before they are needed.
Eng. Mahundi said one of the most common questions from visitors to the PBPA pavilion concerns how Tanzania has managed to maintain a stable fuel supply despite geopolitical tensions and volatility in global oil markets.
Under the M+2 procurement model, PBPA issues international tenders each month to secure petroleum products required for domestic consumption two months in advance, allowing sufficient time for procurement, shipping and delivery.
"PBPA signs contracts with successful bidders to ensure petroleum products arrive in the country on schedule, even when disruptions occur in the global market," Mahundi said.
She said the system has enabled Tanzania to maintain a reliable supply of petroleum products while ensuring prices continue to reflect prevailing international market conditions.
Eng. Mahundi added that the agency is using this year's Nanenane exhibition to educate the public about the Bulk Procurement System (BPS) and the role it plays in coordinating the importation, management and receipt of petroleum products across the country.
She encouraged members of the public to visit the PBPA pavilion at the Nanenane exhibition grounds in Dodoma to learn more about Tanzania's petroleum procurement framework and the measures in place to safeguard the country's fuel supply.
