BOL’s import ‘monopoly’ set to be eased

Tuesday, May 12, 2026 | 90 Views |

At the helm: Tshabang. PIC: MORERI SEJAKGOMO

Botswana Oil’s 90% fuel import quota is likely to be lowered soon, with key recommendations from the Botswana Energy Regulatory Authority (BERA) having been adopted by Cabinet and now awaiting parliamentary debate.

BOL has enjoyed the oil import mandate since April 2024, but recent revelations indicate that the oil parastatal has only imported an average of 60% of the country’s fuel supplies. The balance has been brought in by majority citizen-owned oil companies, as provided for by the law.

The Ministry of Minerals and Energy recently confirmed that a review of the import mandate was underway, amidst calls for drastic cuts from the multinational oil companies, who have been most affected by the quota.

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