Emarat rescued by petrol alternative

According to national news concerning energy supplies, Emirates General Petroleum Corporation, after facing intense amounts of pressure about insufficient supply and activity, has begun providing cars with an alternative category of fuel; Super. After almost two weeks of fuel shortage in the city, Emarat has been pressured to switch to a quick alternative. Sell or get out, they were told. They have also had to raise the volume of production to meet the outstanding and continuously ongoing demand. Emarat had evidently begun solving their problem by gradually increasing the supply of fuel to its stations as part of plans to address the petrol shortage. According to a report by Emarat Al Youm, stations belonging to Enoc and Eppco were also heavily affected. Speaking on the condition of anonymity, an official source at Emarat, said, “Emarat has recently raised the volume of production.” Last week, ENOC had already closed filling points in Sharjah and restricted supplies to other northern emirates. With a $16bn of publicly held debt maturing later this year, UAE government plans to cut “subsidies and transfers” by 50 percent to AED2.67bn in 2011. Dubai, amidst its own debt problems, reported that they were unable to help Sharjah or supply them with additional supply in this time of crisis.