Zambia Assures Public of Stable Fuel Supply Amid Middle East Tensions 1 Mining in Zambia Oil & Gas Petroleum 

Zambia Assures Public of Stable Fuel Supply Amid Middle East Tensions

Zambia Fuel Supply Secure Despite Middle East Conflict, Energy Minister Says The Zambian government has reassured citizens that escalating geopolitical tensions in the Middle East are not expected to have an immediate impact on the country’s fuel supply or pump prices. Speaking at a press briefing today, Makozo Chikote, Zambia’s Minister of Energy, said the country currently has sufficient petroleum reserves that were procured earlier at lower international prices. “In the short term, over the next month, Zambia is not expected to experience an immediate increase in pump prices because… Read More Here
Zambia Strengthens Energy Security with Approval of Two Strategic Cross-Border Pipelines 2 Mining in Zambia Oil & Gas Petroleum 

Zambia Strengthens Energy Security with Approval of Two Strategic Cross-Border Pipelines

Zambia Approves Tanzania and Namibia Pipeline Projects to Boost Energy Security and Support Mining Growth Zambia has taken a significant step toward reinforcing its long-term economic resilience, with Cabinet approving the construction of two major cross-border energy projects: the Tanzania–Zambia Multi Products Pipeline and the Namibia–Zambia Refined Petroleum and Natural Gas Pipeline. These new corridors are designed to complement the existing TAZAMA Pipelines Limited infrastructure and diversify Zambia’s fuel import routes, reducing reliance on a single supply channel. Moving Beyond Single-Route Dependence Since its commissioning in the 1960s, the TAZAMA… Read More Here
OIl Mining in DRC Economy Oil & Gas Petroleum Taxes 

DRC Oil Tax Reform Delivers Sharp Revenue Gains and Strengthens Public Finances

DRC Oil Tax Reform Boosts Petroleum Revenues by Over 1,700%, Easing Pressure on Public Finances The Democratic Republic of Congo’s reform of oil-related tax expenditures is beginning to deliver measurable benefits for public finances, with official data showing petroleum revenues rising by more than 1,700% following the introduction of coordinated fiscal and regulatory measures. The reform was launched against a backdrop of rapidly rising oil tax expenditures, which reached US$1.6 billion in 2022 before easing to US$1.1 billion in 2023. Over the two-year period, these expenditures accounted for nearly 15%… Read More Here
Zambia and Tanzania Strengthen Petroleum Cooperation in High-Level Talks 3 Mining in Zambia Oil & Gas Petroleum 

Zambia and Tanzania Strengthen Petroleum Cooperation in High-Level Talks

Zambia, Tanzania Agree on Fuel Supply Arrangements to Secure Petroleum Deliveries via TAZAMA Pipeline The Ministers of Energy of Zambia and Tanzania today held a high-level bilateral meeting in Dar es Salaam, reaffirming their long-standing partnership in petroleum cooperation and regional energy security. The engagement brought together senior government officials from both countries to deliberate on petroleum supply logistics, infrastructure management, and policy coordination, with a shared goal of ensuring a stable and reliable fuel supply for Zambia. The Zambian delegation was led by Minister of Energy Mr Makozo Chikote… Read More Here
Dangote Refinery Reshapes West and Central Africa’s Fuel Market 4 International Corporate News Oil & Gas Petroleum 

Dangote Refinery Reshapes West and Central Africa’s Fuel Market

Dangote Refinery Ends Nigeria’s Fuel Import Dependence, Boosts Exports Across Africa and Beyond The Dangote Petroleum Refinery has emerged as a game-changer in West and Central Africa’s energy landscape, ending decades of dependence on imported petroleum products and positioning Nigeria as a net exporter of refined fuels. With a processing capacity of 650,000 barrels per day, the refinery is the largest in Africa and has rapidly transformed regional trade flows. Since operations began, it has produced substantial volumes of diesel, gasoil, jet fuel, and petrol, meeting Nigeria’s domestic demand while… Read More Here
Zambia Inks $1.1 Billion Deal for Oil Refinery and Energy Hub in Ndola 5 Mining in Zambia Oil & Gas Petroleum 

Zambia Inks $1.1 Billion Deal for Oil Refinery and Energy Hub in Ndola

Zambia to Build $1.1 Billion Oil Refinery in Ndola to Cut Fuel Imports and Boost Exports Zambia has signed a landmark $1.1 billion agreement to construct a crude oil refinery and integrated energy complex in Ndola, located in the country’s Copperbelt Province, the government announced Monday. The project, aimed at reducing Zambia’s heavy reliance on imported fuel, will be developed through a partnership between the state-owned Industrial Development Corporation (IDC) and China’s Fujian Xiang Xin Corporation. Construction is scheduled to begin in the third quarter of 2025, with initial commercial… Read More Here
DRC and Tanzania Deepen Energy Ties with New Joint Committee on Oil and Gas 6 Mining in DRC Oil & Gas Petroleum 

DRC and Tanzania Deepen Energy Ties with New Joint Committee on Oil and Gas

DRC and Tanzania Strengthen Oil and Gas Cooperation with Joint Technical Committee and Updated MoU The Democratic Republic of the Congo (DRC) and Tanzania have agreed to establish a joint technical committee to enhance collaboration in the oil and gas sector. The announcement followed a bilateral meeting held on July 8 between Aime Sakombi Molendo, the DRC’s Minister of Hydrocarbons, and Dr. Doto Biteko, Tanzania’s Deputy Prime Minister and Minister of Energy. The newly formed committee will be responsible for updating the Memorandum of Understanding (MoU) originally signed in 2016… Read More Here
Dangote Refinery Expands into Namibia with 1.6M-Barrel Fuel Storage to Supply Southern Africa 7 International Oil & Gas Petroleum 

Dangote Refinery Expands into Namibia with 1.6M-Barrel Fuel Storage to Supply Southern Africa

Dangote Refinery to Build Major Fuel Storage Facility in Namibia to Boost Southern Africa Distribution Dangote Petroleum Refinery is set to build a large-scale fuel storage facility in Namibia with the capacity to hold over 1.6 million barrels of gasoline and diesel, according to two sources cited by Reuters. The project marks a significant step in the company’s strategy to expand its fuel distribution network across Southern Africa and reshape regional energy trade. The planned facility will serve as a key hub for distributing refined products to Namibia, Botswana, Zambia,… Read More Here
DRC Cuts Fuel Subsidy Losses by 89 Percent in Major Economic Reform 8 Mining in DRC Oil & Gas Petroleum 

DRC Cuts Fuel Subsidy Losses by 89 Percent in Major Economic Reform

President Félix Tshisekedi of the Democratic Republic of Congo (DRC) has commended Deputy Prime Minister and Minister of Economy, Daniel Mukoko Samba, for achieving a dramatic reduction in revenue shortfalls owed to petroleum product distributors operating in the country. In an official letter, Anthony Nkinzo, Director of the Office of the Head of State, praised the achievement, highlighting the impact of reforms introduced by the Ministry of Economy. “The rigor and transparency of the adopted methodology, along with the significant 89% reduction in losses and shortfalls between 2023 and 2024,… Read More Here
Zambia’s First Diesel Offloading Marks Key Milestone in Energy Reform 9 Mining in Zambia Oil & Gas Petroleum 

Zambia’s First Diesel Offloading Marks Key Milestone in Energy Reform

The offloading of Zambia’s first diesel consignment under the newly introduced Open Access Framework has officially begun at the TAZAMA tanks in Dar es Salaam, marking a significant step in the country’s petroleum sector reform. The inaugural shipment, totaling 95,000 metric tonnes of diesel under Lot 1 for April 2025, is the first to be imported by Oil Marketing Companies (OMCs) using the Open Access model. This new framework allows independent importation of petroleum products through the TAZAMA Pipeline, aiming to enhance fuel supply efficiency and foster competition within the… Read More Here

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