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Clean energy push could threaten Tshele Hills’ funding

Thursday, April 14, 2022 | 1290 Views |

Securing supply: The Tshele Hills project will boost fuel security. Funds were previously provided through the National Petroleum Fund which was subsequently embroiled in a multi-million Pula fraud saga PIC: KENNEDY RAMOKONE

FRANCISTOWN: The much-anticipated Tshele Hills fuel storage project might face funding challenges, according to an official from the Department of Energy.

The 171 million-litres Tshele Hills storage project aims to increase the country’s strategic oil reserves from the current 18 to 60 days of supply without additional inflows of fuel.

The long-delayed project is among a group of investments at the top of government’s renewed push for Public Private Partnerships (PPP).

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