Fuel traders warned over hoarding, overcharging

The Fijian Competition and Consumer Commission (FCCC) has issued a strict warning to all fuel and LPG traders against hoarding stock, overcharging, or ignoring regulated prices.

This is illegal under Section 87G of the FCCC Act 2010.

FCCC issued the reminder following reports that the situation in the Middle East remains volatile, with tanker traffic through the strategic shipping route dropping by an estimated 70 to 80 per cent since the conflict escalated.

In a media statement FCCC said that the inspections are ongoing across Fiji to monitor stock levels, verify compliance with regulated prices, and ensure traders act responsibly.

“Any trader found deliberately withholding fuel or LPG, restricting supply, or overcharging consumers will face strict enforcement action,” the commission said.

The FCCC stressed that fair markets rely on responsible conduct and encouraged consumers to report any suspicious activity.

In an earlier statement, FCCC chief executive Senikavika Jiuta said the situation could have implications for refined fuel prices in Fiji, which relies heavily on imported fossil fuels.

She said responsible fuel usage was critical to ensure supply remained available for everyone.

“Please do not hoard or stockpile fuel. Hoarding does not protect you and ultimately it harms everyone, including yourself,” Ms Jiuta said.

“Panic buying is socially irresponsible and undermines the fair distribution of a vital resource for every Fijian consumer.”

Ms Jiuta said Fiji’s fuel stocks remained stable and shipments were already confirmed.

The commission reaffirmed its commitment to protecting consumers and ensuring that essential energy products remain accessible and affordable.