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Zambia has enough fuel stocks for now, government assures

Government has assured the public that Zambia currently holds sufficient fuel stocks and that there is no immediate risk of shortages despite tensions in the Middle East that have raised concerns about global oil supply.

Energy Minister Makozo Chikote said the country has adequate reserves of key petroleum products and urged citizens to remain calm and avoid panic buying.

Speaking in Lusaka, Chikote said Zambia’s fuel reserves currently include approximately 326 million litres of diesel, which provides about 60 days of cover. Petrol stocks stand at around 32.8 million litres, representing about 19 days of cover, while kerosene reserves are estimated at 104 million litres, equivalent to about 14 days.

He added that the country also holds around 1.6 million litres of Jet A-1 fuel, representing roughly nine days of supply.

Chikote said these levels indicate that Zambia remains adequately supplied in the short term despite concerns arising from geopolitical developments in the Middle East.

The minister said authorities are closely monitoring international developments and their potential implications for global energy markets.

He explained that the government remains alert to global oil market fluctuations but emphasised that current stock levels provide reasonable protection against immediate disruptions.

Chikote said the ministry is working closely with key stakeholders in the petroleum supply chain to ensure the continued availability of fuel across the country.

He urged the public to avoid panic buying or hoarding of fuel, stating that such behaviour could create artificial shortages and disrupt supply distribution.

According to Chikote, maintaining normal purchasing behaviour will help ensure the stability of supply as authorities continue to monitor global developments.

Concerns about fuel availability have grown in many countries following heightened geopolitical tensions involving major oil-producing regions.

Global oil markets often react quickly to political developments in regions associated with energy production and transportation.

Chikote said Zambia’s energy authorities remain vigilant and continue to assess potential developments that could influence international fuel prices or supply routes.

He added that government institutions responsible for energy planning remain prepared to respond if international market conditions change significantly.

The minister emphasised that Zambia’s current reserves are sufficient to sustain normal economic activity in the short term.

Fuel remains a critical component of economic operations across multiple sectors including transport, agriculture, manufacturing and mining.

Chikote said the government recognises the importance of maintaining stable fuel supply systems to support economic activity and public services.

He said authorities will continue to monitor the situation and keep the public informed about any developments that may affect the national fuel supply.

For now, Chikote said Zambia’s fuel reserves remain adequate and there is no need for alarm.

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