Consortium to build R6bn oil pipeline to link Joburg, Maputo
MAPUTO - A Mozambican and South African consortium, Petroline Holdings, plans to start building a R6billion oil pipeline linking Johannesburg to the port of Maputo before the end of the year.
Mateus Kathupa, chief executive of the state-run Mozambican company Petromoc, which holds a 40 percent stake in the consortium, said yesterday the construction of the petrol and diesel pipeline would take six months.
The 450km pipeline, with an annual capacity to transport 3,5 million cubic metres, will facilitate fuel imports via Maputo port, which is closer to Johannesburg than any of South Africa's major ports. - Reuters