Botswana plans to buy more fuels from Mozambique

25 July 2011

Maputo, Mozambique, 25 July – Mozambican state oil company Petróleos de Moçambique (Petromoc) may start supplying fuel to Botswana on a regular basis and in increasingly large amounts, Mozambican news agency AIM reported citing a company source.

Petromoc has been providing fuel to Botswana for five months, but the country plans for the supply to become regular and in quantities exceeding the 5 million litres acquired at the moment.

“They want a regular supply and in larger quantities and, if possible, they want to start buying everything here,” a Petromoc source told AIM, adding that this intention was made clear Saturday by the president of Botswana, Seretse Ian Khama, on the last day of a three-day official visit to Mozambique.

According to AIM’s source, three years ago Petromoc supplied 2 million litres of fuel via a Botswana company but the contract was cancelled because of a “lack of experience” of the company in dealing with the documentation and logistics.

Botswana’s wish to buy fuels from Mozambique is based on the idea that it is not secure to rely on supplies of fuel from South Africa due to congestion at the country’s ports and frequent labour disputes.

Petromoc has capacity to store a total of 500 million litres of fuel across the country, of which it makes use of just 315 million litres, but the Mozambican market consumes just 60 million litres per month, and the remainder is exported to the regional market. (macauhub)