Indeni Refinery placed on care and maintenance

By Michael Kaumba-Government has placed Indeni Petroleum refinery, in Ndola on care and maintenance.

Energy Minister PETER KAPALA says the measure is part of reforms aimed at promoting efficiency and stability in the petroleum subsector.

Mr. KAPALA says the move will result in having fewer employees at Indeni with the option of re-deployment of staff and voluntary separation for those who may wish to leave the company.

He says products such as petrol, Jet A1, Liquefied Petroleum Gas -LPG-, Kerosene and Heavy Fuel Oil -HFO- will all be transported via road as they will no longer be produced by the refinery.

The Energy Minister however says government intends to implement the pumping of Low Sulphur Gasoil -LSG Diesel through the TAZAMA pipelines as one of the reforms.

Mr. KAPALA has told ZNBC News in a statement that as promised, the new dawn government has began the process of reforming the fuel supply chain in a bid to achieve least cost pricing while ensuring stable supply of petroleum products.

He has since assured the nation that reforms in the fuel supply and procurement system will be done in a transparent manner with the participation of the private sector.

The post Indeni Refinery placed on care and maintenance appeared first on .

WP2Social Auto Publish Powered By : XYZScripts.com