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Business, Companies & Organizations

Zeta Gas closes its Belize branches

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Southern Choice Butane Limited, also known as Zeta Gas, closed its district branches this morning after their inventory was depleted. The company wrote a letter to the Controller of Supplies at the Belize Bureau of Standards, Jose Trejo, explaining their dilemma.

Southern Choice Butane Limited, also known as Zeta Gas, closed its district branches this morning after their inventory was depleted. The company wrote a letter to the Controller of Supplies at the Belize Bureau of Standards, Jose Trejo, explaining their dilemma.  The letter dated May 11 reads in part, quote, “Kindly note that we are at day eleven without importation and we are officially out of Liquefied Petroleum Gas.” End of quote. The company’s depletion of butane as we understand it, has to do with the transfer of importation powers to the National Gas Company who has been unable to replenish Zeta’s stock of butane.  As at the end of April the usual importers were no longer allowed to import butane and were then directed to the NGC for the supply of butane.  Love News understands that currently the National Gas Company is yet to roll out its commercial operations.  According to the letter sent to Trejo, Zeta Gas stated that they have contacted the NGC to purchase from them but they have been informed that the NGC is waiting on the price structure from the government. The letter ends with a request of authorization for Zeta Gas to import butane to supply their demand.  The letter also noted that, quote, “this is one of the huge drawbacks that exist in a monopoly where we are dependent on only one source of supply.”   End of quote.  We are following this story as it develops.

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