The governor of the Bank of Mozambique, Rogério Zandamela, said that fuel imports have been expensive for the country, and is collapsing the net international reserves that the institution has to meet imports of various products and services, excluding major projects. "Our gross international reserves have reduced to meet the...
Tag: fuel import
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IMOPETRO needs 200 million dollars to import fuels, already in the country
The Mozambican Oil Importer (IMOPETRO) needs about 200 million dollars to import the same quantities of fuel before prices have inflated on the international market. According to the morning paper "Notícias", previously the importer spent about 80 million dollars, and the rise in costs is reducing the...
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Malawi begins importing fuel through the port of Nacala
Last weekend, Malawi received the first 500 thousand liters of fuel, imported from the port of Nacala. The act marked the beginning of fuel importation, via railway line, through the port of Nacala in Mozambique. The resumption of fuel rail transport, comes months after President Chakwera made a visit to...