TAZAMA Pipelines Limited has awarded contracts to Agro Fuel Investments Limited, among other Oil Marketing Companies, for the supply of Low Sulphur Gas Oil for May 2025 at the reduced price of US$54.12 per metric ton. Before the open access regime, Agro Fuels, which had previously been using the TAZAMA Pipeline exclusively, was quoting fuel at around US$ 113 per metric ton. They, however, lost the previous bid to companies that quoted the commodity at US$ 84.00 per metric ton. In order to now beat the other suppliers for the latest contract, Agro Fuels reduced their bid to US$ 54.12 per metric ton, resulting in a price reduction for other competitors, as the ERB rule stipulates that when the winning...