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Oil supply companies talks to be concluded this week- Yaluma

Indeni Oil Refinery in Ndola

Energy Minister Christopher Yaluma says his ministry is this week likely to conclude talks with the two preferred oil companies, Gunvor and Trafigura regarding a two- year contract for the supply of oil and refined fuel.

Mr. Yaluma says technocrats at his ministry are still FINALIZING talks and will produce a final report as soon as they conclude.

Mr. Yaluma says he will only be able to answer to questions being raised with regards the two contracts once the entire negotiation process is completed.

He says he will wait for the team to conclude the talks because he does not want to interfere or influence any part of the process which he says is highly transparent.

The energy minister was speaking to QFM in an interview.

[QFM]

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11 COMMENTS

  1. Hon. minister have these companies been cleared of corruption and unsound environmental practices??

  2. Did our President declare at the Rio Earth Summit in Brazil that we are fighting environmental degradation by transacting with companies like these two who are very well known when it comes to being environmentally friendly?

  3. Hash out the small print using the most anal of lawyers and accountants. It is what it is.

  4. POST is showing a picture of ukwa CNP touring Brazil, but we have been told he is in London.
    Is it transit or what, last I checked returning from Brazil via London doesn’t make much sense.

  5. But Zambians sometimes suffers from thinking-deficiency. Don’t you people know that oil companies runs the world? Its the corporate world to decide, not Sata and his Yalamu.

Comments are closed.

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