massive oil and gas plant opens industryweek in zambia

   
massive oil and gas plant opens industryweek in zambia
                                               
                                               
                                               
                                               
  • massive oil and gas plant opens industryweek in zambia
Will Zambia build a new multi-purpose fuel pipeline?

Zambia has reached an agreement with Tanzania to build a new self-financing multi-purpose fuel pipeline. Once completed, this will lead to increased fuel security and lower fuel pump prices because transportation of fuel by pipeline is cheaper than by road. This project could be actualised in two years.

How has the energy sector changed in Zambia?

Through various models such as the Public Private Partnerships (PPPs), various players have invested in Zambia¡¯s energy sector, both for hydro and renewable energy as well as setting up of a number of fuel stations across the country which has seen infrastructure being put in place.

Where does Zambia import its oil and petroleum products?

Zambia currently imports most of its oil and petroleum products from the gulf region and other finished products via South Africa and other neighboring countries. Petroleum imports constitute one of, if not the highest forex drainers in the Zambian economy.

Can Investec Bank finance energy projects in Zambia?

Andre Wepener of Investec Bank talks to AOP about financing in the energy sector. The AfDB has approved a $50 m framework financing for renewable energy projects in Zambia. Blocks 17 and 27 represent Oranto¡¯s first investment in the country. Lake Tanganyika may be Tanzania¡¯s best bet for finding oil.