Liberian oil firms Srimex, Eco Fuel in dispute

One of Liberia’s leading importers of petroleum products, SRIMEX Oil & Gas Company has rubbished claims that its operations of the oil terminal in Monrovia is illegal and that its operation also poses safety risk.

In a statement issued on Thursday, January 3, 2019 and signed by Board Chairman, Musa Hassan Bility and CEO Wadei Powell, Srimex also denies claims in the media by Eco Fuel SA that the Liberian-owned company owes it money and was trying to dupe it out of a partnership agreement.

The company in the release termed Eco Fuel SA’s recent statement in the media as rubbish and misinformation, noting that since its petroleum trade relationship with this company between 2014-2017, Srimex has been operating in full compliance with the agreement and laws of Liberia up to the ongoing court case with Eco Fuel.

Source: NEWS



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