OMCs told to change routes

KABANDA CHULU,
MARY LEMBA
Lusaka, Ndola

OWING to post-election conflicts in Mozambique and imposition of US$24,000 transit fees for petroleum tankers, the Energy Regulation Board (ERB) has urged oil marketing companies (OMCs) to seek alternative routes of importing fuel.
Nevertheless, ERB director general Elijah Sichone says the seven days diesel stock cover and eight days of petrol are sufficient to fuel the nation for
the time being.
Zambia mainly imports petroleum products through the port of Beira in Mozambique, which are then transported into the country through Chirundu border via Zimbabwe or Chanida through Mozambique.
Speaking to journalists yesterday, Mr Sichone said the fuel situation in the country is not alarming despite few disruptions in the supply chain.
“For diesel, we have 28.6 million litres against a daily consumption of 3.8 million litres, which translates to about seven-and-half days of stocks, while for petrol we have 14.1 million litres against a daily consumption of 1.6 million litres, which is 8.6 days of stock cover, but our desirable level of stocks is 15 days cover,” he said…https://enews.daily-mail.co.zm/welcome/home