Zambia is planning to increase its bulk fuel storage capacity to one month, up from its current size of 15 days, in order to meet demand.
The government says in its Sixth National Development Plan (SNDP) that it will increase its bulk petroleum storage over the next four years
The report says that increasing its energy sources is vital in order to improve its economy. The ‘main thrust of the energy sector during the SNDP period will be to expand electricity generation and transmission capacities and enhance cost-effectiveness in fuel supply’, it says.
It also wants to make sure that the way the petroleum is stored is efficient and safe. The report says: ‘(Zambia) is to create an enabling environment for stable, efficient and cost effective supply of petroleum products’.
Zambia plans to develop more petroleum storage in rural areas, creating employment and infrastructure in the areas. The government also hopes to promote exploration of regions in the country and to make the current fuel delivery systems ‘more efficient’.