Mozambican President Daniel Chapo revealed plans to construct the country’s first oil refinery, set for completion in two years with an output capacity of 200,000 barrels of fuel daily.
The facility will produce several fuel types, including gasoline, diesel, naphtha, and Jet A1, according to Chapo’s remarks at the 11th Mozambique Mining and Energy Conference and Exhibition.
State oil firm Petromoc, in collaboration with Nigeria’s Aiteo Eastern, will oversee the project, which aims to satisfy Mozambique’s fuel needs and supply markets across nearby nations.
Chapo described the development as a game-changer that would elevate Mozambique’s role in the regional fuel supply chain.
He emphasized that the refinery would generate youth employment, strengthen the economy, cut down fuel imports, and boost exports—helping to stabilize the country’s balance of payments.
Additionally, the president introduced a $1.5 billion plan to build a fuel pipeline linking Beira port to Zambia.
Expected to take four years to complete, the pipeline will transport up to 3.5 million metric tons of petroleum annually and include storage sites on both sides of the border.
Chapo noted that this pipeline would reduce heavy truck traffic on key national highways, particularly National Road No. 6.
