Fuel sector overcrowded as 245 OMCs compete for market share – COMAC CEO

His comments come as government continues to intervene in diesel pricing to cushion consumers from rising international oil prices.“If you look at the number of players we have in the industry, if anybody today has applied for an oil marketing company’s license, then the person, indeed, for two reasons and I’ll say it unapologetically, that the person either does not understand the business, or is up to something, because what is it that you want to do that the 245 players cannot do?”” Dr Oppong said government involvement in the sector remains one of the biggest challenges confronting the industry.