Rwandan Prime Minister Dr. Justin Nsengiyumva has announced a new government initiative to centralize the importation of refined petroleum products, a move aimed at simplifying fuel procurement, reducing costs, and ensuring more stable fuel prices.
According to Dr. Nsengiyumva, the new system will be implemented through the Rwanda National Energy Company (RNEC), which will work directly with oil-producing and refining countries to procure refined petroleum products in bulk.
“To simplify the importation of petroleum products and sustainably reduce fuel costs, the government has established a centralized system for importing refined petroleum products through the Rwanda National Energy Company. This initiative is being implemented in partnership with oil-producing and oil-refining countries,” he said.
He revealed that the first phase of the program will begin at the end of July 2026, when the first shipment carrying 40,000 tonnes of refined petroleum products is expected to arrive at the Port of Tanga in Tanzania.
“The first vessel carrying 40,000 tonnes is scheduled to arrive at the Port of Tanga at the end of this month. Thereafter, we expect to receive one shipment every month. This will enable us to secure lower and more stable fuel prices over the long term,” the Prime Minister added.
The centralized procurement system is expected to eliminate inefficiencies associated with sourcing fuel through multiple private importers. By purchasing larger volumes directly from producers and refiners, Rwanda aims to benefit from economies of scale, lower procurement costs, and a more reliable fuel supply.
Government officials also expect the initiative to strengthen the country’s energy security by ensuring consistent availability of petroleum products, even during periods of volatility in global energy markets. Stable fuel supplies are considered critical for transportation, manufacturing, agriculture, and other sectors that drive Rwanda’s economic growth.
The reform forms part of a broader package of economic measures introduced by the government to cushion the country against fluctuations in international commodity prices, protect household purchasing power, and maintain macroeconomic stability. Authorities believe the new import model will contribute to greater predictability in domestic fuel prices while supporting long-term economic resilience.
