Botswana energy storage staff dormitory

When will Botswana oil's storage facilities be completed?

Botswana Oil Limited (BOL) is undertaking three key storage facilities projects that will see the country growing its storage capacity and increasing security of supply for the country significantly to over three months’ cover when all completed by 2027, with the first among them due for completion in December 2024.

Does Botswana oil expand storage capacity for fuel security?

Botswana Oil expands storage capacity for fuel security. Botswana Oil expands storage capacity for fuel security.

Does Botswana have a concentration risk?

BOL has been aware of the concentration risk faced by Botswana because of heavily relying on the Republic of South Africa (RSA) for fuel imports and the risk’s impact on security of supply. This knowledge has informed current strategies that are in place and being implemented, as well as being built upon for future expansion.

Does Botswana Oil Limited have a supplier base?

“The company’s supplier base has been actively and intentionally diversified over the past years, with the number of suppliers outside RSA having grown significantly over the past year,” said Botswana Oil Limited General Manager—Supply, Onkutule Masima.

What is Ghanzi government reserve strategic depot project?

GHANZI GOVERNMENT RESERVE STRATEGIC DEPOT PROJECT The Ghanzi Government Reserve Strategic Depot Project entails the construction of a 60-million-litre bulk petroleum storage depot near Turn 44 along the Mamuno road, during Phase 1.

Will Bol deliver the Ghanzi depot?

“Regarding project implementation, BOL is also on track to deliver the Ghanzi Depot, a green field development, after the Francistown depot expansion commissioning and by delivering these two projects the company would have more than doubled the country’s strategic days cover for fuel,” said Masima.