Russian group announces involvement in construction of pipeline between Mozambique and Zimbabwe

12 October 2012

Russian oil group Rosneft will be involved in construction of an oil pipeline between Mozambique and Zimbabwe, said a spokesman for the group in Harare Thursday, cited by the New Zimbabwe newspaper.

The spokesman added that the pipeline would make it possible to carry fuel between the port of Beira and a storage terminal, which is under construction near Harare, which will make it possible to supply liquid fuel to Zambia, Malawi and Botswana.

In August, the Zimbabwean energy minister, Elton Mangoma announced that the government planned to build a new oil pipeline to increase the capacity of the Feruka pipeline which, over a distance of 287 kilometres, transports fuel between the port of Beira and the Feruka refinery, on the outskirts of Mutare.

The Zimbabwean government controls a 21-kilometre section of the pipeline and Mozambique’s Companhia do Pipeline Mozambique-Zimbabué controls the remaining length of the pipeline, which carried 130 million litres of fuel per month.

The Rosneft group is the largest oil group in Russia and is also one of the world’s biggest listed companies. Its business is focused on oil exploration and the production and sale of oil derivatives. (macauhub)