Pump jacks operate at sunset in an oil field in Midland, Texas U.S. August 22, 2018. Picture taken August 22, 2018. REUTERS/Nick Oxford/File Photo
LUSAKA, July 21 (Reuters) – Zambia’s government has signed an agreement that paves the way for the development of a $1.1 billion crude oil refinery and energy complex in Ndola in the country’s copperbelt, it said on Monday.
The planned facility will process about 60,000 barrels per day of crude oil, providing enough refined products to satisfy the Southern African nation’s entire current fuel demand and potentially allowing for future exports to neighbouring countries, a government statement said.