OMCZ nods SI for third party access to TAZAMA pipeline
• Opening up Tazama to all Oil Marketing Companies Association is within the normal practice of competition.• The pipeline will now be managed by various
Category : Energy
Batoka Hydro Electric Power Scheme expected to be fully operational by 2034
• By 2034, the Batoka Hydro Electric Power Scheme is expected to be fully operational.• It will address the challenge of electricity deficit in Zambia
Energy Expert hails UK’s £3 billion support towards Zambia energy transition
• This development will help Zambia to make big progress towards attainment of SDG number 7.• The deal will further support Zambia’s quest for industrialization,
Expert urges government to continue investing in energy sector
• Electricity usage is increasing especially in the mining industry.• The country still needs to develop electricity capacity to be able to meet domestic and
ERB hikes August fuel prices
• The main drivers for the changes in petroleum prices are the movements in international oil price and the exchange rate• Price of oil on
OMCZ projects K2 drop in diesel price
• OMCZ expects a drop in terms of the pump prices of fuel, especially on diesel.• The Kwacha has gained a little more.• There could
ERB attributes fuel shortages to logistical challenges
• ERB has received reports of some OMCs who have had import challenges.• This is relating to the scarcity of foreign exchange on the market.•
ZACCI encourages heavy fuel users to enhance production
• ZACCI has noted the positive impact the reduced cost of Energy- Petroleum products will have on the market at large.• The drop in prices
Oil Marketing Company projects drop in fuel prices
• The international pricing for fuel has generally gone down to about US$84 from US$94 a barrel.• Both commodities are expected to go down.• Diesel
Private sector can engage in PPPs to support clean cooking methods – Expert
• Promotion of clean cooking methods is a critical step towards reducing deforestation.• Deforestation is a critical issue in Zambia, leading to significant environmental degradation