Energy Minister Christopher Yaluma is not being sincere, says Oil Transporter.
Baseli Ba Liseli Resources Limited says Energy Minister Christopher Yaluma is not being sincere by stating that his ministry is not aware about the project to set up an oil pipeline from Lobito Bay in Angola into Zambia.
BBRL executive director Wamulume Kalabo notes that the minister’s reaction could be as a result of misplaced facts in one daily newspaper that a deal has been signed between Zambia and Angola.
He adds that negotiations to sign a deal between the two countries will commence now that an MoU has been signed.
Mr. Kalabo notes that there has never been a time when the government has been overlooked in the planning for the Project and has maintained that the process of project implementation will continue.
Last Friday, ZDA and BBRL signed an agreement to facilitate for the construction of the oil pipeline at a cost of $US2.5 billion.
The signing ceremony was attended by the ministry of commerce, trade and industry permanent secretary Steven Mwansa.
Mr. Yaluma has since expressed ignorance about the project and declared it null and void saying his ministry was not consulted by ZDA.