February 16, 2012 / 7:56 AM / in 6 years

Zambia invites tenders for 2-year oil supply deal

LUSAKA (Reuters) - Zambia has invited tenders for the supply of 1.4 million tonnes of oil for a period of two years starting this year, the Zambia public procurement agency said on Thursday.

General view of the Tema oil refinery near Ghana's capital Accra March 28, 2005. REUTERS/Yaw Bibini

The 1.4 million tonnes of petroleum feedstock should be in cargo lots of 60,000 to 120,000 tonnes and delivered at evenly spread intervals, the agency said in a statement.

The oil should be configured to Zambia’s 24,000 barrels-per-day Indeni refinery, which does not process pure crude oil.

“Bidders should note that they will be expected to supply the first cargo by July 2012 in Dar-es-Salaam,” it said.

Zambia, Africa’s top copper producer, imports all its petroleum requirements, mainly from the Middle East, through the port of Dar-es-Salaam in Tanzania.

The procurement agency will hold a pre-bidding meeting for all interested suppliers in Lusaka on February 29, it said.

Zambia previously contracted global trader Glencore to supply feedstock under a two-year contract from March 2010.

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