Zimbabwe plans new US$1.3bn oil pipeline, finally ending Feruka monopoly

HARARE – Zimbabwe plans to build a second US$1.3 billion oil pipeline to supply fuel into the country and the region, a deal that would end years of lobbying and rivalry between powerful oil interests. The project would be under a 50-50 joint venture between state-owned National Oil Infrastructure Company (NOIC) and Coven Energy, Information Minister Monica Mutsvangwa said after Cabinet met…


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