Maputo, Mozambique, 5 March – A quay and terminal for liquid fuel with capacity to store 60,000 cubic metres are due to soon be built at Matola, according to Mozambican daily newspaper Notícias.
The project, which is expected to cost US$45 million will be funded by state company Portos and Caminhos de Ferro de Moçambique (CFM) and by Norwegian company Odfjell, and is the result of a visit by the President fo Mozambique to the Netherlands and Norway.
Knut Holsen, the vice president of Odfjell for Africa, India and the Middle East, told the paper that during a visit to the Netherlands, Armando Guebuza stopped off at the port of Rotterdam, where Odfjell has a terminal with a capacity of around 1.6 million cubic metres, which had impressed the Head of State enough to also carry out projects in Mozambique.
Mozambique currently has a limited capacity to store fuel, and it is believed that construction of the new terminal will add value and help to minimise that problem by creating reserves to ensure availability in times of crisis
The terminal is scheduled to be built in two stages, with studies currently being carried out on the various impacts resulting from its installation, particularly environmental impacts considering the nature of the products to be handled there, including acids, ethanol, gasoline, diesel, oil and other liquid chemical products. (macauhub)