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Thursday, May 28, 2020

MoU to Construct a Pipeline from Angola to Zambia to be signed this year

Economy MoU to Construct a Pipeline from Angola to Zambia to be signed...

Minister of Energy Mathew Nkhuwa(r) being welcomed by Ministry of Housing and Infrastructure Development Structural Engineer Francis Mundanya(l) at Heroes Stadium
Minister of Energy Mathew Nkhuwa(r) being welcomed by
Ministry of Housing and Infrastructure Development Structural Engineer
Francis Mundanya(l) at Heroes Stadium

Minister of Energy Mathew Nkhuwa has disclosed that all legal procedures to establish an oil pipeline from Angola into Zambia have been concluded.

Mr. Nkhuwa said that the Memorandum of Understanding between Zambia and Angola will be signed on October 12, 2018.

The Minister said that Government is ready for the project and that feasibility studies will start before the end of the year.

Mr. Nkhuwa told ZNBC News in an interview that the oil line will bring many economics benefits to the country because oil will be cheaper as the importation cost will be reduced.

Mr. Nkhuwa said that the pipe line will also bring in petrol, diesel and gas used for cooking.

Mr. Nkhuwa further said that the development will also mean reduced pressure and congestion on the roads which will mean less refinancing on the road sector.

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12 COMMENTS

  1. LETS SIGN IT ASAP BEFORE CHINA CHANGES ITS MIND TO GIVE LOANS , USA IS COMPLAINING HENCE CHINA MIGHT CHANGE MIND . LETS SIGN EVEN TOMORROW WITH AVIC

    • Do you really believe this government?
      When sata came to power didn’t they scream that they will import oil from Angola? And might even start by air lifting supplies!
      Now its a pipeline?
      Weren’t we told indeni is not a fully fledged refinery? And that it only takes certain stock and not all kinds of crude?

    • @Anyoko, am liking you on these infrastructure loans. Kekekeke
      What’s wrong in China grabs KK airport, Tazara, Kariba dam, Great East Road and now Bengula Pipeline?
      Even Zesco, give it to China so they replace those pole-wires with plastic ones.

    • I know alot my friend, pipe lines transport so many liquid, they pump crude oil, then flush with water which they collect last crude oil, refine it.
      Pump, lubricating oil, then industrial diesel, and so on on.
      I learned in logistics classes. And visited transit stations.
      Twalisoma ifwe, well educated and provide good seex!

    • Nostradamus
      Kkkkkkkkkkkk. You seem to be always drunk or high on something just from reading your comments. You’re ever disoriented together with NDobo

  2. Comment:Janes buga: it appears the pipeline will transport both finished product and crude oil.all the same the project is long overdue.

Comments are closed.

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