Just In: Government revokes CPMZ’s concession for the Mozambique -Zimbabwe pipeline – Watch

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Just In: Government revokes CPMZ’s concession for the Mozambique -Zimbabwe pipeline – Watch

7:07 CAT | 24 Oct 2023

Screen grab: TVM

The Council of Ministers, which met this Tuesday, called the press to announce the decisions taken during the meeting, which include the dismissal of the chairman of the board of Center for the Development of Financial Information Systems (CEDSIF ,Hermínio Enoque Paulo Sueia, and the appointment of Manuel António dos Santos to the position.

Another measure announced by the spokesperson for the Cabinet meeting Filimão Suazi regards the Beira – Zimbabwe fuel pipeline. At the Council of Ministers meeting , it has been decided that the Mozambique-Zimbabwe Pipeline Company [CPMZ] is no longer the concessionaire of the Beira-Zimbabwe pipeline, which has been continuously in operation for over 41 years (since 1982).

The Council of Ministers this Tuesday “approved the Decree which revokes Decree 1/84 of 22 February, which grants the Beira – Zimbabwe fuel pipeline exploitation project ” Swaze said. “The Decree revokes the concession to the Companhia do Pipeline Moçambique -Zimbabwe [CPMZ] for the exploitation of the Beira – Zimbabwe fuel pipeline and respective benefits: allowing the stability of ongoing investments, it attributes powers to the ministers who oversee the areas of Finance, Mineral Resources and Energy and of Transports and Communications to approve the necessary mechanisms to ensure the continuity of the exploitation of the Beira – Zimbabwe fuel pipeline, without prejudice to the competences of other bodies,” he added.

Pipeline.cpmz_ — The Companhia do Pipeline Moçambique -Zimbabwe, CPMZ, operated the Mozambique- Zimbabwe pipeline pipeline from the coastal city of Beira to Feruka in Mutare, while Zimbabwe’s National Oil and Infrastructure Company (NOIC) operates the Feruka Pipeline from Mutare to Mabvuku or Msasa depots in Harare. The CPMZ-Feruka pipeline transports 90 percent of fuel into Zimbabwe while the balance of the fuel is imported by road.

READ: Mozambique: CPMZ to expand fuel pipeline capacity

Investor interest in 2nd fuel pipeline from Beira to Harare grows – Zimbabwe

Another decision of this session was the classification of the Maputo Central Market as a category B cultural heritage building, the Casa de Ferro as a category A cultural heritage building,

Watch Filmo Suazi’s address the press today, starting at around from 5: 32: 22