Mmegi

BOL upbeat as Coal to Liquids tender closes

Value added: The envisaged plant would supply more than 50% of the country’s annual consumption by converting coal to a number of other chemicals PIC: PHATSIMO KAPENG
Value added: The envisaged plant would supply more than 50% of the country’s annual consumption by converting coal to a number of other chemicals PIC: PHATSIMO KAPENG

Botswana Oil (BOL) is reporting that “quite a number” of potential investors have responded to its call for bids to build a Coal to Liquids (CTL) plant that could produce 12,000 barrels of oil per day or more than 50% of the country’s annual consumption.

Bids closed on Thursday and on Tuesday, a senior BOL executive hinted that a healthy number of firms had submitted expressions of interest ahead of the February 29 deadline.

“We have received quite a number of companies expressing interest, wanting to develop this and we will be looking forward to the next stage when they will receive the Request for Proposal and respond to it,” BOL’s senior manager (New Ventures) Gamu Mpofu told an energy conference on Tuesday. “This is a major undertaking, a huge project and it requires us to have the right partner who can deliver it.”

Editor's Comment
Botswana must not be a flag of convenience for rogues

‘A man’s country is not a certain area of land, of mountains, rivers, and woods, but it is a principle and patriotism is loyalty to that principle’.- George William CurtisAccording to the report carried in this publication, the fraudsters operating the so-called “dark fleet” have selected Botswana’s flag as their cover of choice. This is a direct assault on our country’s most valuable asset, the good name.For decades, Botswana has...

Have a Story? Send Us a tip
arrow up