low cost and oil refinery plant in zambia

   
low cost and oil refinery plant in zambia
                                               
                                               
                                               
                                               
  • low cost and oil refinery plant in zambia
Does Zambia own Angola's oil refinery?

Zambia also plans to own major shares in the Angolan oil refinery which is still under construction. In an attempt to lower fuel prices, Zambia has shown keen interest in importing fuel from its neighbor Angola. Zambia also disclosed plans to own stakes in Angola¡¯s Lobito refinery in Benguela Province along the Atlantic Coast.

Will Zambia invest in the Lobito Refinery?

This is based on president Hakainde Hichilema¡¯s assertion to the people of Angola during his visit to the country, that Zambia would invest in the Lobito refinery, which is currently under construction. The refinery is expected to be completed in 2026.

How will the Tazama Pipeline Work in Zambia?

Diesel offloaded at Ndola and Mpika will be transported to other parts of Zambia using Zambian tankers only. The operationalization of Tazama Pipeline to carry finished products is expected to lower the pump price of diesel by reducing transportation costs.

Why is Zambia interested in importing oil from Angola?

The Zambian president has shown interest in importing Angolan refined oil. This decision follows the president¡¯s trip to Angola. Zambia also plans to own major shares in the Angolan oil refinery which is still under construction. In an attempt to lower fuel prices, Zambia has shown keen interest in importing fuel from its neighbor Angola.