MALAWI’S FUEL CRISIS TO BECOME HISTORY

Malawi Fuel

Malawi Fuel Crisis to End

Malawi’s fuel crisis is yet to become history as a fuel-supplying deal is on the cards, Wawa Malawi News has learnt.

Petroholland Oil Refining (PTY) Ltd, a Namibian owned company proposed to the Malawi Govt to be supplying 10 million litres of fuel including Mogas 93; Gasoil 500ppm and Jet Fuel A1 per week. In return, govt is to be paying the company in local currency (kwacha) as it cannot pay in US Dollars since the nation is facing a forex crisis. The company will be using the money (in kwacha) to buy seasonal produce such as soya beans, sun flower seed, groundnuts, maize, pigeon peas among others which it will be exporting to Namibia, thereby leaving the fuel and local currency to circulate within the country.

The fuel deal is expected to be signed soon as representatives from the Namibian company are expected to arrive in the country on a date to be announced soon. An earlier meeting with the company’s Chairman which was scheduled on 1st March, 2012, was cancelled by the Ministry of Natural Resources and Energy on unknown reason as the govt was still negotiating the deal. Goodall Gongwe who is the Minister of Natural Resources and Energy was not readily available for commenting.

Malawi is a landlocked country which under the visionary leadership of the Late President Bingu Wa Mutharika had a bright future of importing and exporting its own goods independently through the Shire – Zambezi In-Land port in Nsanje District. The project is still underway as the two countries (Malawi & Mozambique) are still negotiating better ways to implement the project to benefit both nations.

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4 Comments (+add yours?)

  1. Jane
    Apr 18, 2012 @ 12:39:21

    The article was good, but I m not sure why the author felt compelled to add in the last paragraph as it has nothing to do with the story. write that wa Mutharika was a visionary. The write would be more honest if he just writes an article that outline why he thing wa mutharika was visionary by it self since its odd to include it at the end here. wa Mutharikas vision of Malawi included scare tactics, clamping down on media, and suppression, that is a central part of his vision – you cant just pick and choose.

    Reply

  2. Geoffrey Chilenga, Malawi.
    Apr 18, 2012 @ 15:26:02

    Good news!

    Reply

  3. richard
    Apr 26, 2012 @ 08:58:48

    Can anyone tell me if the fuel crisis is coming to an end? I’m trying to decide whether to visit the country in June and have to cover territory from north to south for work in just a month.

    Many Thanks,
    Richard

    Reply

  4. Ghost Protocol
    May 23, 2012 @ 10:28:04

    Sure, there is no more fuel crisis in Malawi. Come pay us a visit.

    Reply

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