NOCMA Eyes 60 Million Litres of Fuel this Year
The National Oil Company of Malawi Limited (NOCMA) says it has secured over US$57, 000 to buy 60 million litres of fuel this month to ensure that the country has uninterrupted supply of the commodity.
NOCMA Deputy Chief Executive Officer, Helen Buluma, has told Zodiak that they are also arranging of having temporary fuel reserves of 20 million litres each in Dar e Salam in Tanzania and Beira in Mozambique so that Malawi should not experience any stock outs.
“As NOCMA, we are doing everything possible to make sure that the country has adequate fuel.
“We are expecting to spend over US$57, 000 to buy 60 million litres of fuel this month as the Russia-Ukraine war continues to pose threats of the scarcity of the commodity,” said Buluma.
Minister of energy, Ibrahim Matola, says government is also implementing projects of extending the fuel reserves in Blantyre and connecting the depot to the railway as permanent ways of bringing fuel into the country.
“As you are aware, the government is carrying out reforms to make sure that the country is constantly supplied with fuel,” the minister said.