Reported by Innocent Mvundula

The Petroleum Importers Limited (PIL) has hailed the idea of importing fuel to Malawi by rail as cost saving meant to reduce the landing costs leading to fair prices of the product on the market.

PIL’s General Manager, Martin Msimuko, made the remarks on Wednesday upon the company’s receipt of 500 thousand litres of fuel from the port of Nacala in Mozambique after a seven-month break due to rail poor conditions and damage.

Msimuko expressed his gratitude to the development and said that the country’s rail system can help the country to have more fuel compared to using road transport.

“We aim to bring 20 percent of PIL products by rail. At the moment we are at 15 percent and within the next two years we should be able to meet the target of 20 percent which is a MERA regulatory requirement,” Msimuko added.

Currently, the the Petroleum Importers Limited has contracted Nacala Logistics to deliver the fuel to Lilongwe via railway. The contracted company has shown its readiness to charge its duties towards the given task as confirmed by its marketing manager Mr Kenedy Kwerani.

Petroleum Importers Limited annually reported to import about 248 million litres of fuel to Malawi. The rail rehabilitation exercise is slated to be completed by December this year if all goes on as planned.

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