Botswana Oil sets up Moz, Namibia fuel depots

Liquid gold: The new oil facilities will boost the country’s energy security PIC: MORERI SEJAKGOMO
Liquid gold: The new oil facilities will boost the country’s energy security PIC: MORERI SEJAKGOMO

Botswana Oil is set to establish fuel storage facilities at Mozambican and Namibian ports next month, which will double the country's strategic oil reserves and provide a buffer against declining refining capacity in South Africa, BusinessWeek has learnt.

According to the deputy permanent secretary in the Minerals and Energy ministry, Nchena Mothebe, while the country’s existing strategic facilities can carry the national demand for 15 days without additional supply, the facilities due in Mozambique and Namibia would collectively hold 30-day stock.

Botswana consumes approximately 100 million litres of various fuels each month and receives nearly all of its supplies from South Africa.

Editor's Comment
Khama should desist from dirty campaigns

However, as a newspaper, we want to raise few disquiets for the umpteenth time with Khama, of course, and remind him that the country that he is robustly de-campaigning is now feeling the pain of his harm. Batswana need Khama to use his conservationist credentials to good use and benefit a country that is working so hard to achieve the high-income status by diversifying its economy away from diamond reliance.Khama has played his part unobstructed...

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