Mozambique: Qatar to fund Beira-Malawi oil pipeline

23 January 2009

Maputo, Mozambique, 23 Jan – Qatar will finance the building of an oil pipeline linking the port of Beira in Sofala province to Malawi, a source in Mozambique’s Center for Investment Promotion (CPI) has told macauhub.

Qatar will also fund building of a fuel storage depot. The source did not disclose the figures involved in the two projects but said viability studies have already been made on the ventures.

A project to construct power transmission lines from the Cahora Bassa hydroelectric dam to Malawi, with World Bank funding, was recently unveiled. (macauhub)