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BOL kicks off bids for coal to liquids plant

Future dreams: Botswana Oil hopes to boost the country’s fuel self-sufficiency PIC: ARTIFICIALLY PRODUCED VIA MICROSOFT BING
Future dreams: Botswana Oil hopes to boost the country’s fuel self-sufficiency PIC: ARTIFICIALLY PRODUCED VIA MICROSOFT BING

Botswana Oil (BOL) has opened bidding for the eagerly anticipated Coal to Liquids (CTL) project, which aims to tap the billions of coal in the country to produce 12,000 barrels of oil per day or more than 50% of annual consumption.

Interested bidders have until December 22 to submit their proposals for the project, which will be developed on a Public Private Partnership (PPP) model. According to the bidding note published recently by Botswana Oil, investors will be required to design, build, finance and operate the plant based on an off-take agreement with the state oil firm.

“The project will be tendered on a turnkey basis and Botswana Oil is looking for a single consortium to provide all aspects of the project, technical, design, environmental, construction, commissioning and financing under a Public Private Partnership agreement,” reads the bidder’s note. “The project also entails operating and maintaining the facility for a specified period, and ultimately transferring it back to the Botswana government at the end of the operation and maintenance period.”


Editor's Comment
The Boko-led administration has to tread carefully

‘When you make peace withyourself, you make peace with the world’- Maha GhosanandaThis may come at a huge cost if not handled properly. What started off on Labour Day in Letlhakane this year, where Boko was in attendance when the militant lawyer-cum-trade unionist, Robert Rabasimane rebutted the President’s address in defence of the trade union has seemingly spiralled out of control. The issue is now creating a cat-and-mouse type of a...

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