Tanzania: Energy regulator gives oil firms "one week" to lower fuel prices.

Text of report by Angel Navuri entitled "Oil firms are given seven days to lower retail prices" published by Tanzanian newspaper The Guardian website on 30 October

The Energy and Water Utilities Regulatory Authority (Ewura) has given oil dealers one week to make the local retail prices of petroleum products reflect changes in those charged in the world market.

Addressing a news conference in Dar es Salaam yesterday, Ewura Director-General Haruna Masebu warned that failure to do so by the deadline would force the authority to intervene by setting the prices itself.

''We want oil companies to cut their retail prices within one week, failing which we …