The Oil Marketing Companies Association of Zambia (OMCAZ) has indicated that it hopes to see US$1.5 million allocated to Indeni Energy Company in the 2027 national budget to support the planned revival of the refinery and strengthen local participation in the petroleum sector. Speaking in an interview with Zambian Business Times-ZBT, OMCAZ President, Dr. Kafula Mubanga said the allocation will demonstrate government’s commitment to the presidential directive on revitalising Indeni and implementing a quarterly fuel pricing review model. Dr. Mubanga said the association expects the 2027 budget to provide a clear link between the President’s pronouncements on energy reforms and...
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