The Bankrupt PF government has shut down Indeni Petroleum Refinery in Ndola due to lack of crude oil feedstock.
Even when the PF has been unable to pay, the company that was corruptly engaged by late Michael Sata and now Rainbow Party leader Wynter Kabimba was still supplying Zambia with Petroleum products on credit.
But ailing president Edgar Lungu has ordered that Puma Oils be engaged as the new suppliers of oil feedstock to the country that he wants to use to raise money for his 2016 campaign funds.
Company managing director Maybin Noole confirmed this in an interview with PF controlled Zambia Daily in Ndola yesterday that Indeni has shut down, but referred further queries to Energy Minister Christopher Alumax.
This transition from Trafigura to Puma Oils now means government must first settle the entire bill for Trafigura before they can engage other suppliers. But the PF government has no money to settle the bill as it all finished in campaigns and unplanned projects.
Finance Minister Alexander Chikwanda is not even credit worth anymore to sign any letter of credit to the suppliers of fuel.
Indeni MD Noole told Daily Mail:
“We have shut down operations due to lack of crude oil. That is all I can confirm. For other details call TAZAMA or the minister,’’ Mr. Noole said.
Minister of Mines, Energy and Water Development Christopher Yaluma assured on Monday that there is enough fuel in the country.
“In Lusaka, there are 300,000 litres of fuel while in Ndola we have 1.6 million litres of fuel,” he said.