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TAZAMA SEEK FUND FOR PIPELINE UPGRADE
Tanzania Zambia Mafuta (Tazama) is seeking for funds to upgrade its pipeline diameter to 12 inches. The fund in question for the upgrade is proposed to be US$400million.
Speaking to media, Tazama’s Tanzania Regional Manager, Abraham Saunyama said “What we want is to make the whole pipeline from Dar to Ndola a 12-inch to increase the performance of the pipeline,”
He further said having different size diameters along the pipeline hinders the pumping capacity. That they are capable of paying slowly and a number of institutions have come forward, want to provide the loan to us.
Meanwhile the current pipeline pumping capacity at the moment is 60% which equals to 2million litres a day. But after upgrading, the amount will raise to 95%
Tazama is jointly owned by Zambia with 66.7% and Tanzania with 33.3% share capital. It will take 18 months to complete the upgrading using internal experts once the fund is obtained.