Articles tagged with "ENPC"
Oil Reserve Clarification: ENPC Explains E3 Billion Gap in Strategic Fuel Reserve BudgetLOBAMBA – The Eswatini National Petroleum Company (ENPC) has clarified the E3 billion difference between the final E5.2 billion cost and the initially quoted E2.2 billion for the country’s Strategic Oil Reserve project. Acting CEO of ENPC, Musa Shongwe, told Parliament that the initial E2.2 billion was an engineer’s cost estimate based on preliminary, “ready-for-tender” […]
Staff Reporter
His Majesty Unveils E5.2 Billion Strategic Oil Reserve: A Bold Leap for Eswatini’s Energy FutureLOBAMBA – In a historic moment for Eswatini, His Majesty King Mswati III has officially unveiled the E5.2 billion Strategic Oil Reserve Model — a monumental infrastructure project set to transform the Kingdom’s energy landscape and enhance national economic resilience. Launched in partnership with the Government of Taiwan, the Strategic Oil Reserve is not just […]
Staff Reporter