October 28, 2021
1 min read

China’s fuel shortage sparks chaos

China is currently in the midst of a massive power crunch, as coal and natural gas shortages have closed factories and left homes without power….reports Asian Lite News

 Petrol stations in many parts of China have begun rationing diesel amid rising costs and falling supplies, BBC reported.

Some truck drivers are having to wait for days to refuel, according to posts on social media site Weibo, the report said.

China is currently in the midst of a massive power crunch, as coal and natural gas shortages have closed factories and left homes without power.

And this latest issue is only likely to contribute to an ongoing global supply chain crisis, say analysts, the report added.

“The current diesel shortages seem to be affecting long distance transportation businesses which could include goods meant for markets outside of China,” said Mattie Bekink, China Director at the Economist Intelligence Unit, the report said.

ALSO READ: Foreign firms worried over huge data transfers in China

“Depending on the duration and intensity of this crunch, we could well see this contribute to the global supply chain challenges.”

The global supply chain crisis has been largely driven by the Covid-19 pandemic, with demand surging as economies re-open.

In China, trucks are only being allowed to fill up 100 litres each – about 10 per cent of their capacity, a truck dealer from Shijiazhuang city in Hebei province told Chinese business news service Caixin.

In other parts of the country, reports suggest rations are even tighter with drivers only allowed to buy up to 25 litres, the report said.

Meanwhile, in the city of Fuyang, about a seven hour drive south of the key transportation hub of Shijiazhuang, Caixin reports petrol stations are limiting purchases or charging drivers surcharges of up to 300 yuan ($47) to fill up their tanks, the report added.

“After going to a few [petrol] stations, there is no more diesel, and prices will continue to rise, and large trucks running logistics will not be able to refuel,” one Weibo user wrote.

ALSO READ: China waking up to Afghan reality

Previous Story

India determined to protect its maritime interests: Rajnath Singh

Next Story

India flags concern over China’s move to pass boundary law

Latest from -Top News

BJP Ends 27-Year Drought in Delhi

Prime Minister Narendra Modi will visit the BJP headquarters on Saturday evening to celebrate the party’s performance. The Bharatiya Janata Party (BJP) is set to return to power in Delhi after 27

Congress Faces Another Whitewash in Delhi Polls

Once a dominant force in Delhi under the late Sheila Dikshit’s 15-year rule, Congress now appears poised for its third consecutive zero-seat finish. As counting progresses for Delhi’s 70 Assembly constituencies, early

Trump Revokes Biden’s Security Clearance

President Biden terminated his predecessor President Trump’s security clearance or classified briefings shortly after taking office in 2021 on account of the latter’s role in the January 7 attack on the US
Go toTop

Don't Miss

Authorities launch probe over Covid outbreak in Guangzhou

A task force of municipal and provincial Communist Party disciplinary

CCP’s membership drive hit by strict screening, numbers plummet

The stringent screening process was implemented for new applicants, which