Tanks to store 15,000 tons of fuel

12 years, 10 months ago - 23 May 2011
Tanks to store 15,000 tons of fuel
A gain soon in the fuel sector. The State Trading Corporation (STC) will soon be able to build tanks to store some 15,000 tons of fuel.

The government materialize this project because between two arrivals, the country has a stock of 10 days. The extension of the trip, which is related to piracy, this gap has reduced by almost half. This was stated by Minister of Industry and Commerce at Morning.

"We will soon be storing about 15 000 tonnes in the port and it is the STC that will handle that. We have already identified the land and we had a high level meeting Wednesday to my department with all stakeholders. The initial work will soon get started. The tender for the construction of the tanks will be launched soon and by the end of the year we will start the construction of these tanks. "

The stock imported from India certainly ensures a supply of more or less smoothly now, but any delay of the carrier, especially with the problem of piracy in the Indian Ocean, may have negative repercussions, up to cripple our economic activities, said Showkutally Soodhun.

To date, STC uses, albeit at a cost, vessels belonging to two private oil companies, Shell and Total, but soon this will not be the case.

The main protagonists continue to explore different solutions to short and long terms to avoid any shortage of fuel.

STC is also aware that the country has no immunity to a shortage mainly due to the difficult situation prevailing in the international market. Initially, STC will appeal to oil companies operating in Mauritius to use their storage capacity up to create a buffer stock. But for the future, the government plans to build two reservoirs.