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Alba Iulia
Thursday, October 22, 2020

Indeni shut down will not affect fuel supply-Yaluma

Economy Indeni shut down will not affect fuel supply-Yaluma

Mines Minister Christopher Yaluma
Christopher Yaluma

ZAMBIA still has adequate fuel stocks to cover for the period that Indeni Petroleum Refinery will shut down for annual routine maintenance this month.

Minister of Energy Christopher Yaluma said the country has sufficient fuel stocks to maintain a sustainable flow when Indeni closes for routine maintenance next month.

In an interview on Tuesday, Mr Yaluma assured the public that the closure of Indeni would not disrupt the supply of fuel as the country has fuel reserves above 20 days.

“There is no need for the public to panic. Indeni will be closed any time from now for the usual maintenance, but we have enough stock to see us through this closure.

“We have fuel reserves going above 20 days which should sustain the country next month when Indeni is closed for two to three weeks,” he said.

Mr Yaluma also assured the nation that there would be no fuel increment for the remainder of this year.

“We are not likely to see any increment of fuel this year because the prices were adjusted upwards recently,” he said.

On electricity tariffs, Mr Yaluma said the country will not experience another tariff hike this year other than the one that was announced in March and is yet to be implemented.

5 COMMENTS

  1. History has shown that these guys mean the exact opposite of that they say. So, using experience as the best teacher, its just a matter of reading carefully what he is saying and run in the opposite direction and make necessary preparations. Besides, Isn’t this the same minster who ‘bites’ the victim? i.e. he bit CEC a week ago instead of biting KCM over KCM’s unpaid electricity Bills.

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