An agreement between the State and oil operators aims to secure the supply of diesel while awaiting the arrival of upcoming shipments.
The country’s diesel supply is being strengthened. A collaboration agreement was signed yesterday, August 27, at the Ministry of Energy, between the State Procurement of Madagascar (SPM) and four downstream oil companies. The agreement focuses on providing volumes of diesel to ensure the continuity of supply to the Malagasy market until the next shipments arrive.
Galana Distribution Pétrolière, Jovena, TotalEnergies Madagascar, and Vivo Energy Madagascar are the four companies involved in this convention. Two operations were agreed upon: the first involves a loan of 20 million liters of diesel by the State Procurement of Madagascar to the oil operators, and the second concerns the sale of 40 million liters of diesel from the public company to the oil sector.
The 20 million liters represent approximately one week of consumption, given the increased demand during the high season. This volume is intended to allow distributors to maintain their stocks and ensure distribution across the entire territory.
This situation follows the simultaneous arrival of two ships at the port of Toamasina. One carried the cargo for the State Procurement of Madagascar, while the other was chartered by the oil operators. The priority unloading of the State’s ship prevented the second from proceeding with its operations immediately. To avoid any disruption in supply, the sector stakeholders decided to implement this agreement.
The ship chartered by industry professionals is expected to carry approximately 50 kilotons of fuel. While awaiting its unloading, the cooperation with the State Procurement of Madagascar is intended to cover market needs. The principle of collaboration between the State and oil operators is not new; both parties can support each other when one’s stocks are insufficient.
According to Marc Renauld, General Manager of Galana Madagascar and President of the Malagasy Petroleum Group, this approach primarily aims to guarantee product availability. The diesel imported by the State Procurement of Madagascar is presented as compliant with quality requirements, particularly regarding sulfur content.
For consumers, no impact on pump prices has been announced. Sector officials indicate that rates remain unchanged. The Malagasy Hydrocarbons Office (OMH) will continue to monitor market trends and ensure fair competition.
Furthermore, a ship carrying gasoline is expected at the beginning of September. The stated objective remains to maintain a regular supply and promote competition that could lead to better price alignment with market realities.
The cooperation between the State Procurement of Madagascar and distributors is part of a strategy to secure the market, as authorities seek to prevent any fuel supply shortages in the territory.
Captured & Published at: 2026-08-28 05:53:47 (Madagascar Local Time EAT)
Original Source: https://www.lexpress.mg/2026/08/carburant-letat-securise.html
