Botswana Oil ramps up investments for 60-day fuel reserves

The target will be achieved through the completion of three strategic fuel depots in Francistown, Gantsi and Tshele Hills, with the latter to be developed under a Public-Private Partnership (PPP) after government secured an investment partner through its cooperation agreement with the Sultanate of Oman.

Senior Manager for the Project Management Office, Kabelo Lanka, said Botswana was on course to raise its strategic fuel cover from the current 15 days to 55 days by the first quarter of the 2027-28 financial year before reaching 60 days once the Tshele Hills facility comes on stream.