Edgar Brandt
Windhoek-The massive fuel storage facility in Walvis Bay, which was estimated at N$3.7 billion in 2014, is now anticipated to cost the government N$5.2 billion upon its envisaged completion in June 2018.
Once completed, the facility will increase the country’s security of fuel supply from the current 7-10 days to 30-45 days and, according to government, the project is on track, with no delays expected before commissioning. “This is of significant strategic importance and constitutes the critical, underlying strategic reason for the implementation of the project,” said Simeon Negumbo, Permanent Secretary in the Ministry of Mines and Energy.The […]
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