The Minister of Minerals and Energy, Hon. Lefoko Moagi, along with the Acting Permanent Secretary, Dr. Obolokile Obakeng, the Director of Energy Mr Midas Sekgabo, the Botswana Oil Board Chairman Mr. Martin Makgatlhe and Board of Directors, the BOL Chief Executive Ocer Mr. Meshack Tshekedi and the Executive Management team, visited the BOL Francistown Depot to appreciate the progress of the Francistown Depot Expansion Project. When delivering his welcome remarks, the Botswana Oil Board Chairman Mr Martin Makgatlhe highlighted that the expansion of the Francistown Government Reserve Storage will increase the capacity from 38million litres with an additional 60million litres of petroleum products intended to achieve 30 days cover from the current 12 days cover for the North Eastern Envelope of Botswana. This will ensure that even in situations of fuel supply disruptions, the economic activities in the region consisting mainly of Mining, Tourism and Agricultural production continues. When providing the project preview, the Chief Executive Ocer of Botswana Oil Mr. Tshekedi indicated that the construction of the Francistown Depot expansion commenced in October 2022. The development of the facility entails construction of a 6 bay road loading and ooading gantries, rail loading and ooading gantry, a tank farm, depot administration building and security buildings, a product additive doping system, laboratory and workshop building, reghting systems (and Integration with the existing) and a truck staging center. READ MORE
May 07, 2024