Zambia has awarded a US$500mn contract to commodities trader, Trafigura, to supply the country with petrol and diesel for one year
The announcement was made by energy permanent secretary, George Zulu, according to Zambian Watchdog.
Trafigura will supply Zambia with 216mn litres of petrol and 21mn litres of diesel during the contract period starting from October, Zulu said in a statement.
“The country is now assured of a stable and continuous supply of fuel,” he said.
Zulu added that the government was still talking to bidders, including Switzerland-based trader Gunvor, for a separate contract to supply Zambia with 1.4mn tonnes of oil over two years.