French Firm Considers $15m Fuel Terminal In Mozambique

Google+ Pinterest LinkedIn Tumblr +

French oil firm, Total says it is considering to get an investment of $15 million to build a fuel terminal in Nacala, in Mozambique’s Nampula province.

According to state-controlled daily newspaper, Noticias, The terminal will be built in the area adjacent to other oil companies such as Puma Energy, Petromoc, African Petroleum and BP, and the fuel transferred from tankers to storage tanks via a pipeline of about 6 kilometres.

The Maputo-based newspaper says when in operation, the Total group’s terminal will increase the number of vessels docked and cargo handled and contribute to consequent growth of Nacala-Porto which was declared a Special Economic Zone by the government and the project will be built on a plot of three hectares.

Share.

About Author

Leave A Reply