By OLIVER SAMBOKOTHERE is no money which the new dawn administration is stealing or stolen from fuel procurement, Energy Minister, Peter Kapala has said. He disputed media reports that the new dawn administration is stealing US$200 million per month from fuel procurement, saying Zambia does not import crude but instead what is being brought into the country are finished petroleum products.“As at now, Zambia is not importing crude oil or comingled oil as insinuated in the press. So any statements that Zambia is importing comingled crude are not correct and any analysis made based on this is a total fabrication,” he said. Mr Kapala also said there is a failure to link any increase in the price of the barrel of crude oil to the pumping price as evidenced by the story and that any fluctuations in the Brent Crude that sees the crude oil price in U.S. dollars per barrel increase will see the pump price […]
Zambia not importing crude or comingled oil – Energy Minister
