BOL to float new fuel supply contracts :: Mmegi Online

Botswana Oil, which is responsible for importing 90% of the country’s fuel requirements, is finalising long-term contracts for the supply of fuel to the country, as the current arrangements are due to expire at the end of September.

The new contracts will not be sought through open tender, but rather through suppliers already on BOL’s database and who have undergone due diligence, the organisation’s general manager for supply, Onkutule Masima, told a recent webinar.

“We have contracts running currently and these are until the end of September,” he said. “We have a process where we have registered or done due diligence on suppliers and everyone has to go through that channel. “For fuel supply, we don’t go to an open tender but rather, we send to suppliers that we have already done the due diligence and are happy with.”

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