UNIPET and Paria Fuel Trading Company have signed off on a one year Supply Agreement, following months of negotiations.
Paria has also announced that both companies have resolved their dispute regarding UNIPET’s failure to pay for fuel supplied in September and October 2019.
That disagreement led to Paria temporarily cutting of UNIPET’s supply.
Paria says the fuel supply chain has met its outstanding financial obligations and the new Supply Agreement allows for delivery of products in 2020.
Both companies say they will work together to ensure there is a constant supply of fuel to the local market.