Zambia Plans $1.1 Billion Oil Refinery With Fujian Xiang Xin

Zambia signs $1.1 Billion deal to build major oil refinery in Copperbelt

Officials say the project aligns with Zambia’s long-term economic goals by boosting energy security, creating jobs, and strengthening regional trade links. Construction timelines and investors are expected to be detailed in the coming months.

Zambia Signs $1.1 Billion Deal for Oil Refinery and Energy Hub in Ndola - teleSUR English

Zambia has signed a landmark $1.1 billion agreement to construct a crude oil refinery and integrated energy complex in Ndola, a strategic move aimed at achieving energy self-sufficiency and boosting regional trade. The deal, announced Monday, brings together the Industrial Development Corporation (IDC) and China’s Fujian Xiang Xin Corporation (FJXX), with support from the Zambia Development Agency (ZDA). The facility will process 60,000 barrels …

Zambia Plans $1.1 Billion Oil Refinery With Fujian Xiang Xin

Zambia : UPND Government Working Hard To Drive Energy Sufficiency - President Hichilema

President Hakainde Hichilema says the government is working hard to drive energy sufficiency surplus for the country’s economic growth agenda. The Head of State noted that, in an effort to address the prevailing rigidities in the energy sector, the government had to implement significant reforms. President Hichilema was speaking during an engagement with the Energy […]

Zambia Seals $1.1bn Deal With Chinese Firm To Construct 60,000 BPD Refinery

By Enyichukwu Enemanna Zambia’s government has signed an agreement paving way to develop a $1.1 billion crude oil refinery and energy complex in Ndola, in the country’s Copperbelt, authorities said on Monday. The agreement was between Zambia’s Industrial Development Corporation and Fujian Xiang Xin Corporation of China. The refinery, when completed, will process about 60,000 barrels per day (BPD) of crude oil, providing enough refined products t…

IDC signs agreement for new crude oil refinery

At the Invest Zambia International Conference, the Industrial Development Corp. (IDC) has signed two memoranda of understandings (MoUs) worth over US$2 billion, securing major investments in Zambia’s energy sector.