The government has approved a Memorandum of Understanding (MoU) with Zambia to facilitate the development of a new pipeline for transporting refined petroleum.
The announcement was made by Information, Publicity and Broadcasting Services Minister Dr Jenfan Muswere at yesterday’s post-Cabinet briefing.
The MoU seeks to leverage Zimbabwe’s existing infrastructure for oil and gas storage, processing, and transportation in response to Zambia’s increasing demand for affordable and efficient energy solutions.
By establishing this pipeline system, both countries aim to foster private sector development while improving energy accessibility.
“Cabinet approved the above-stated memorandum, through which Zimbabwe and Zambia wish to facilitate the development of a new pipeline system to transport refined petroleum from Zimbabwe to Zambia,” said Dr Muswere.
“The Memorandum of Understanding leverages Zimbabwe’s existing capacity for oil and gas storage, processing, and transportation, coupled with Zambia’s growing demand for affordable and efficient energy use. Transporting fuel to Zambia by pipeline is expected to take fuel tankers off the roads, thereby reducing damage to road infrastructure,” said Dr Muswere.
The new pipeline project is expected to streamline the transportation of fuel, making it more efficient and environmentally friendly.
By moving fuel via pipeline, both countries can reduce tax evasion on fuel, transportation costs, and bolster energy security.