South African parliament speaker's home raided in corruption probe
Filling stations dealing in low sulphur fuel in Swaziland have incurred losses of up to $1.3 million due to shortage of the commodity known as 50ppm.“Out filling stations cannot service their clients driving the latest vehicles that utilise this type of fuel,” said one gas station owner Nurane Calu on Monday.
The fuel is supposed to be supplied by Galp Energia Swaziland following the launch of the product in the country in 2012.
In response to this Fanie Mthethwa, the Sales and Marketing Director of Galp Energia Swaziland pleaded with the businesspeople to be mindful of the fact that Swaziland has no oil refinery.
“Our company has no control over the importation of this product as import product availability is driven mainly by South Africa and Mozambique,” Mthethwa said.
Swaziland is in the process of constructing an oil reservoir and refinery worth $57 million at Phuzumoya in the Lubombo region.
The project entails the construction of a 90 million litre national strategic fuel reservoir, initially a joint venture project between Swaziland and American Tank and Vessel (Pty) LLC, the government of Kuwait and other players.
Leave a Reply
Be the First to Comment!
You must be logged in to post a comment.
You must be logged in to post a comment.