Government says negotiations between government and Total International for the possible takeover Indeni Refinery are still on going.
Energy and water Development Minister Kenneth Konga told parliament this morning that it is true that government will take over ownership of the refinery to improve the supply of fuel in the country.
Mr. Konga dispelled claims that the shortage of petrol which is currently being experienced in the country was due to Total International which is disposing off its shares to government.
He explained that the current fuel crisis has nothing to do with the pulling out of the Total International from Indeni adding that the situation is as a result of the refinery catalysts and other attendant components.
He told parliament that once government and Total International conclude the negations government will make an appropriate announcement to the public on the way forward.
The minister said the Refinery will continue operating the way it has always operated.
He also assured that government will ensure that it finds a creditable partner and ensure that jobs for workers at the oil refinery are protected.
And responding to a question from Luwena Member of parliament Charles Milipi who wanted to know the value of Indeni Refinery and if government had already acquired the 50 percent shares from Total International for total ownership, Mr. Konga told the house that the value of Indeni Refinery has not yet been established since negations were still on going between the government and Total International.
[ZANIS]
It intrigues me this RB government is selling off a strategic company, Zamtel, and wants 100% ownership in another collapsing strategic company, Indeni. Just what is the logic of this ? Can this government really run Indeni ?
namabala 2. enjoy the weekend folks
Konga………………..Its hard to believe what you say now,your PS promised to resign if the was going to be fuel shortage a month ago,now what has the country experienced a few days ago.Some parts still dont have fuel upto today
we have very dull chaps
yaba…these guys are just dull and full of lies. They think Zambians are fo.o.l.s who cant analyse issues. This is a sign of a fallen state …..the guys have failled to rule period!!!!