Advertisement
Business

Covid stalls oil pipeline project

Advertisement

The Ministry of Energy has said a project to set up an oil pipeline in the country has been slowed down by the Covid pandemic.

This follows the announcement, earlier this year, by the ministry that is was considering putting up an oil pipeline in order to help cut down costs of ferrying fuel into Malawi.

This had been unveiled alongside a 10-year plan that was in line with the goals of the Malawi 2063 development, and required other projects such as refineries, which necessitated a feasibility study.

Advertisement

Ministry of Energy spokesperson Upile Kamoto said the study is still underway, having been hampered by the pandemic.

“Currently, with Covid, a lot of procurement issues and study issues have been put on hold. The proposed pipeline is envisaged to be constructed from Beira in Mozambique to Nsanje in Malawi, and savings and other technicalities will be determined once the feasibility study is finalized,” Kamoto said.

The Government-owned National Oil Company of Malawi (NOCMA) has the capacity to keep 60 days of fuel for the country in its reserves with plans underway to increase to possibly 180 days.

Advertisement

Advertisement
Tags
Show More
Advertisement

Related Articles

Back to top button
Close
Close

Adblock Detected

Please consider supporting us by disabling your ad blocker