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MINISTER of Energy Peter Kapala (right) with his permanent secretary technical Himba Cheelo (centre) and Indeni Energy Company Limited managing director Evans Mauta (second left) when minister cut the ribbon commission operations of the company in Ndola yesterday. PICTURE: STAFRANCE ZULU

Diesel prices to drop

THE conversion process of the Tanzania-Zambia Mafuta (TAZAMA) pipeline from carrying commingled feedstock to transporting low-sulphur diesel has been successfully completed at US$500,000 and the commodity has started flowing into Ndola.
This should result in a considerable reduction of the pump prices of low-sulphur diesel, according to Minister of Energy Peter Kapala.
Mr Kapala said the conversion of the TAZAMA pipeline will significantly reduce the transportation cost of low-sulphur diesel by almost US$121 per metric tonne.
This is compared to the current US$170 per metric tonne using road fuel tankers to US$49 per metric tonne.
The use of the pipeline to transport low-sulphur diesel will also reduce the pressure on roads, which will result in improved road safety and savings in road maintenance costs.
“With this completion of the conversion of the pipeline, oil-marketing companies (OMCs) are invited to use the pipeline to bring in CLICK TO READ MORE