Business
Oil Reserve Clarification: ENPC Explains E3 Billion Gap in Strategic Fuel Reserve Budget
LOBAMBA – 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