NOCMA Invest K4.6 Billion In Rail Project

National Oil Company of Malawi (Nocma) says it has invested K4.6 Billion in the state-of-the-art Rail connectivity project connecting both its Lilongwe and Blantyre Strategic Fuel Reserves.

According to Nocma Spokesperson Chisomo Mwamadi, this has been done as one way of contributing to reduced landing cost of fuel.

Mwamadi then stressed that plans to start transporting huge amounts of fuel through the Nacala Railway line are at an advanced stage, with September this year being the probable month that this will kick off.

“NOCMA will start importing fuel by rail from September after completion of the K4.6 billion project to connect Lilongwe and Blantyre strategic fuel reserves to railway lines,” Mwamadi said.

Meanwhile, Petroleum Importers Limited (PIL) has started importing fuel by rail from Nacala Port in Mozambique in a move that is expected to reduce the commodity’s landed cost when the capacity increases