Malawi Minister of Mines, Energy and Natural Resources Minister Atupele Muluzi has disclosed that two of the three fuel reserves being constructed in the country have been completed.
Malawi is constructing fuel reserves in all the three regions of the country, with capacity of 10 million litres in the North, 25 million litres in the Centre and another 25 million litres in the South, adding up to 60 million litres once complete.
Muluzi said the completion of the reserves would increase the fuel buffer to about four months from the current 14 days.
“These strategic fuel silos are a gateway to boosting the country’s development because they are being constructed in such a way that the country would have fuel for up to three and half months.
“Currently, we are in the final stages of the two fuel reserves while the other one [in Blantyre] is expected to be finalised in the next three months,” Muluzi told official news agency Mana.
Malawi Government, obtained a loan from the Indian government worth $26 million for the project.Follow and Subscribe Nyasa TV :