Mozambique Ends 30-Year Private Fuel Procurement Model
By MOZTIMES Maputo (MOZTIMES) – Mozambique is making one of the most significant interventions in its fuel market since economic liberalization, with the government dismantling a three-decade-old procurement model and handing exclusive control over fuel imports to a newly created state-owned company after a supply crisis exposed deep weaknesses in the country's energy security. The Council […]
Black News 
By MOZTIMES
Maputo (MOZTIMES) – Mozambique is making one of the most significant interventions in its fuel market since economic liberalization, with the government dismantling a three-decade-old procurement model and handing exclusive control over fuel imports to a newly created state-owned company after a supply crisis exposed deep weaknesses in the country's energy security.
The Council of Ministers on Tuesday approved the establishment of the National Petroleum Products Procurement Company (ENAPP), a public enterprise that will become the sole intermediary responsible for acquiring and managing petroleum products destined for the domestic market.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased
