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Zambia plans a $1.1 billion oil refinery to meet fuel needs and potentially export oil.
Zambia has agreed to build a $1.1 billion crude oil refinery in Ndola, aiming to process 60,000 barrels of oil daily, fulfilling the country's fuel needs and enabling potential exports.
The project, set to start in the third quarter of 2025, includes a power plant and other units, and is expected to reduce fuel import costs.
Construction is by a Chinese corporation, with crude sourced from the Middle East via Tanzania.
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Zambia planea una refinería de petróleo de $1.1 mil millones para satisfacer las necesidades de combustible y potencialmente exportar petróleo.