Gov't seeds P1bn towards fuel security
Sunday, December 24, 2023 | 710 Views |
![Ready, set, go: The Gantsi depot will boost fuel supply security in the country’s western half PIC: MINERALS AND ENERGY FACEBOOK](https://cdn4.premiumread.com/?url=https://www.mmegi.bw/mmegi/uploads/images/2023/12/24/96132.jpg&w=800&q=72&f=jpg&t=1)
Ready, set, go: The Gantsi depot will boost fuel supply security in the country’s western half PIC: MINERALS AND ENERGY FACEBOOK
The facility, to be located along the Trans-Kalahari Highway a few kilometres from Gantsi, is meant to strengthen the security of fuel supply in the western part of the country. BOL officials revealed that while the international threshold for a nation to be regarded as fuel secure is gauged on its ability to withstand supply shocks for up to 90 days, Botswana’s strategic storage capacity currently stands at 18 days.
Local commercial buffer stock, which measures the strength of private storage capacities, stands at less than five days against a desired minimum standard of 14 days.
The BDP as a party known to have ample resources has always held its primaries well in time, but this time around that was not the case. The first leg of the primaries was held last weekend, with the final leg being billed for the coming weekend. This time around, the BDP failed to shine in its primary elections. The elections were chaotic; most if not all polling stations didn't open at the specified time of 6am. Loyal BDP members braved the...