GREEN PARTY REACTION NO.6 TO THE UPND BUDGET SPEECH: THE INDENI REFINERY DILEMMADear editor,PRESENTING his Budget Speech on Energy Sector, the Minister of Finance told Parliament that inefficiencies exist on delivery of fuel from Dar es Salaam to Zambia, whether it comes in form of crude for the IndeniRefinery or finished product for storage tanks in Ndola.He lamented that from Ndola, some fuel is returned to Mpika, Kasama and even Nakonde – where it had passed through enroute to Ndola. He said this inefficiency contributes to the high cost of fuel resulting in subsidy. According to the Minister, Government is currently spending US$21 million monthly on fuel subsidy.The Minister admitted that Government is in a dilemma regarding the issue of fuel.The Minister said getting fuel from Indeni is expensive in comparison with purchasing finished oil produce from the Port of Dar es Salaam through the TAZAMA pipeline.“If we want cheaper fuel, then of course it means that we cannot buy from Indenibut If we […]
GREEN PARTY REACTION NO.6 TO THE UPND BUDGET SPEECH: THE INDENI REFINERY DILEMMA
